Bitcoin is currently facing resistance at a key horizontal supply zone after breaking out of a descending triangle pattern. đ§ The Ichimoku Cloud is providing strong support beneath the current price, suggesting a potential base for an upward move. đ
If Bitcoin successfully retests and breaks above this resistance, we could see a confirmation of a bullish trend. However, failure to do so may lead to continued consolidation or even a price correction. â ïž
The next few days will be crucial in determining Bitcoin's upcoming direction. đ
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