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#BTC/USDT ANALYSIS
Bitcoin is currently consolidating within a descending broadening wedge pattern, gaining momentum from the Ichimoku Cloud, which is providing support beneath the price action.
A decisive breakout from the wedge would offer strong bullish confirmation for the broader crypto market. Monitoring upcoming price movements will be crucial for determining the next direction.
Bitcoin is currently consolidating within a descending broadening wedge pattern, gaining momentum from the Ichimoku Cloud, which is providing support beneath the price action.
A decisive breakout from the wedge would offer strong bullish confirmation for the broader crypto market. Monitoring upcoming price movements will be crucial for determining the next direction.