source avatarEric Coleman,CFA.

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$BTC / $USDT ANALYSIS Bitcoin is trading within the horizontal supply zone of an ascending triangle pattern, facing resistance at this key level. The 100MA is also acting as a resistance barrier above the current price action, adding further pressure. A strong breakout above both the pattern and the 100MA would confirm a bullish rally in the market. However, rejection from this zone remains possible, which could lead to a downside move. 🌱

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