BTC experienced a significant correction, effectively clearing downward liquidity. It bounced from both the ascending trendline and the MA 100 support. Presently, it is trading within the Ichimoku cloud.
The reclamation of horizontal support would serve as bullish confirmation, while a sustained breakdown of the trendline would signal a bearish trend.
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#BTC/USDT ANALYSIS
BTC experienced a significant correction, effectively clearing downward liquidity. It bounced from both the ascending trendline and the MA 100 support. Presently, it is trading within the Ichimoku cloud.
The reclamation of horizontal support would serve as bullish confirmation, while a sustained breakdown of the trendline would signal a bearish trend.