This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
#BTC/USDT ANALYSIS
Bitcoin has successfully broken above the horizontal supply zone following a strong rebound from the horizontal demand zone.
It is now retesting the breakout level of the supply zone, with the Ichimoku Cloud providing additional support.
A successful retest above the supply zone could confirm further upward momentum in the market.