#BTC/USDT ANALYSIS

BTC has sustained its bullish momentum following a successful test of the ascending trendline and the reclaiming of horizontal support. Currently, it has surpassed the MA 100 but is encountering resistance from both the horizontal level and the Ichimoku cloud.

A definitive breakthrough of the Ichimoku cloud would serve as a strong bullish confirmation. Conversely, a rejection at this point may indicate a consolidation phase between the support and resistance zones.

#Write2Earn