$BTC
Hello esteemed community.
Bitcoin is consolidating within an ascending expanding wedge and is currently trading just above the trend support line.
Both the 50-day moving average and the Ichimoku Cloud serve as resistance barriers above the current price action.
A breakout below the wedge is likely to trigger a market correction, while a breakout above the 50MA and Ichimoku Cloud could signal the continuation of the upward momentum.
It is advisable to consult with your advisor before making trading decisions.
Good luck friends.
