#BTC/USDT ANALYSIS
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Bitcoin has recently broken out of an ascending triangle with significant volume, signaling a strong bullish move. It is currently trading within a bull flag pattern. A breakout from this pattern would confirm the continuation of the uptrend.
Conversely, if Bitcoin breaks down from the bull flag, the pattern will be invalidated, and we might see a retest of lower levels, with the 200MA acting as key support. Keep a close watch on these levels for potential trading opportunities.
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