Hello friends, welcome to this BITCOIN update from Crypto Sanders.
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BTC/USDT Analysis – Brief Update BTC is currently moving within an ascending triangle pattern. After being rejected at horizontal resistance, it is now trading above the Ichimoku cloud.
Ascending Triangle Pattern: BTC is making higher lows, indicating buying pressure. Horizontal resistance marks an important level to watch. Ichimoku Cloud: Trading above the Ichimoku Cloud indicates bullish sentiment. Possible movement:
Bullish Scenario: A bounce off current levels, followed by a breakout above the triangle resistance, would confirm a bullish trend. Neutral scenario: Expect further movement within the triangle, until breakout. Stay tuned for further updates and analysis!
Remember:-This is not a piece of financial advice. Stay tuned to us for further updates and analysis. Thank you!
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