#BTC/USDT ANALYSIS

Bitcoin is currently consolidating within a descending channel pattern and is facing resistance from the Ichimoku cloud, which indicates bearish momentum.

Meanwhile, the 200MA is acting as support, demonstrating bullish strength. We need to wait for a successful breakout above the Ichimoku cloud and the channel's resistance trendline to signal a potential bullish rally.

On the other hand, if Bitcoin breaks below the 200MA and the channel's support trendline, we could see a market correction.