ANALYSIS #BTC/USDT

Bitcoin is currently trading below the key supply zone despite breaking out of a falling wedge pattern. 📉 The 50MA and 100MA are now acting as dynamic support levels above the wedge, reinforcing the bullish structure. 🐂

A confirmed breakout above the supply area could ignite further upward momentum. 🚀 However, until that breakout happens, the possibility of a downward move remains in play. ⚠️ It's crucial to keep a close eye on upcoming price action to anticipate the next major move. 🔍

$BTC