Bitcoin is consolidating within a descending broadening wedge pattern and gaining momentum. The 21MA is currently acting as a resistance barrier, and a breakout above it could signal further upward movement. Monitor price action closely for potential developments.
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.
#BTCUSDT ANALYSIS
Bitcoin is consolidating within a descending broadening wedge pattern and gaining momentum. The 21MA is currently acting as a resistance barrier, and a breakout above it could signal further upward movement. Monitor price action closely for potential developments.