Bitcoin is trading below the resistance trendline of a descending broadening wedge pattern, while the 100MA is acting as a support beneath the current price.
A strong breakout above the pattern would confirm a bullish rally in the market.
Bitcoin is rebounding from the support trendline of an ascending channel, with the Ichimoku Cloud acting as a strong support indicating bullish strength.
As long as price holds above the channel support, an upward rally can be expected.