BTC/USDT ANALYSIS

The chart shows a successful hidden bullish divergence that resulted in a price increase and was accompanied by a significant trading volume. Additionally, there has been a bullish crossover on the MACD, suggesting further upward momentum.

Currently, the price is attempting to hold above the MA 200 and is trading below a descending trendline, indicating a potential resistance level. Therefore, traders should keep a close eye on a potential breakout above the trendline, as it could further confirm the bullish momentum and signal a potential buy opportunity. It is important to note that caution should be exercised when trading, as the market can be volatile and unpredictable.