#EthereumFuture
#BTC/USDT ANALYSIS
Bitcoin continues to trade below the horizontal supply zone following its breakout from the falling wedge pattern. The 50MA and 100MA are currently acting as dynamic support levels above the wedge, reinforcing the bullish structure. A confirmed breakout above the supply zone could trigger further upward momentum.
However, until that breakout occurs, the possibility of a downward move remains on the table. It's crucial to monitor upcoming price action closely to determine the next significant move.