#BTC/USDT On Fire đ„đ„
After breaking out of the descending triangle, Bitcoin is now trading above the 200MA, providing strong support at this level. A bounce here could signal upward momentum. đ
However, if the price drops below the 200MA, we might see further downside, with the Ichimoku Cloud acting as the next support just above the pattern. A breakdown below both the 200MA and the Cloud could confirm a bearish trend, while holding these levels would suggest continued bullish strength. đ