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Bitcoin is currently consolidating within a descending broadening wedge pattern with strong volume. It has recently broken through the Ichimoku Cloud resistance barrier and the 100-day moving average, both of which are now acting as support below the current price action.
> A successful retest of these levels above the 100MA and Ichimoku Cloud would reinforce the bullish sentiment for $BTC . Moreover, a solid breakout from the pattern could trigger another bullish rally in the crypto market.
š¼ Data Credit - The Crypto Express
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