โก ๐๐ข๐ง๐๐ง๐๐ ๐๐จ๐ฉ ๐๐๐ข๐ง๐๐ซ๐ฌ & ๐๐๐ซ๐ค๐๐ญ ๐๐ฉ๐๐๐ญ๐
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Bitcoin is currently consolidating within a descending broadening wedge pattern, facing rejection at both the 50MA and the Ichimoku Cloud, which are acting as strong resistance barriers. This suggests a potential downward movement in the near term.
> However, if Bitcoin successfully breaks above the 50MA and the Ichimoku Cloud, it could signal a bullish reversal, with a breakout of the wedge pattern likely leading to a sustained upward trend.
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