ANALYSIS #BTC /USDT

Currently, Bitcoin is trading in a horizontal supply zone, where price action shows signs of consolidation. The 21-day and 50-day moving averages are positioned below the current price, acting as dynamic support and indicating an underlying bullish momentum.

A breakout above the supply zone, accompanied by strong volume, may signal the continuation of the upward trend. However, if the price fails to break this level, a potential pullback and subsequent retracement may occur. Traders should closely monitor price behavior in this critical zone to confirm the next move.