$BTC BTC Analysis

Bitcoin is encountering resistance at a horizontal supply zone following its breakout from a falling wedge pattern. The 50MA and 100MA are bolstering support below the price.

A breakout above the supply zone could fuel further gains, but a near-term pullback is still in play. Keep a close eye on price movements.

What catalysts could push $BTC past this resistance for a sustained rally?

#wendy