#BTC/USDT ANALYSIS
Bitcoin is rebounding from the support trendline after being rejected by the horizontal supply zone level. The 200MA is acting as resistance above the current price action.
We need to wait for a breakout or breakdown. A breakout would confirm a bullish trend, while a breakdown below the trendline would indicate further correction.
#MtGoxJulyRepayments #BTC☀ #BTC500K #ETH_ETFs_Approval_Predictions
