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#CryptoCPIWatch BTC/USDT ANALYSIS Bitcoin is currently trading within an ascending triangle pattern, facing rejection from the horizontal supply zone at the top of the pattern. The Ichimoku Cloud is providing strong support below, reinforcing the structure. A breakout above the resistance of the triangle would confirm a bullish trend continuation. However, the market is showing signs of a potential correction, so it’s crucial to closely monitor upcoming price action for further developments.
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#CryptoRoundTableRemarks BTC/USDT ANALYSIS Bitcoin is currently trading within an ascending triangle pattern, facing rejection from the horizontal supply zone at the top of the pattern. The Ichimoku Cloud is providing strong support below, reinforcing the structure. A breakout above the resistance of the triangle would confirm a bullish trend continuation. However, the market is showing signs of a potential correction, so it’s crucial to closely monitor upcoming price action for further developments.
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#CryptoRoundTableRemarks BTC/USDT ANALYSIS Bitcoin is currently trading within an ascending triangle pattern, facing rejection from the horizontal supply zone at the top of the pattern. The Ichimoku Cloud is providing strong support below, reinforcing the structure. A breakout above the resistance of the triangle would confirm a bullish trend continuation. However, the market is showing signs of a potential correction, so it’s crucial to closely monitor upcoming price action for further developments.$BTC
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$BTC BTC/USDT ANALYSIS Bitcoin is currently trading within an ascending triangle pattern, facing rejection from the horizontal supply zone at the top of the pattern. The Ichimoku Cloud is providing strong support below, reinforcing the structure. A breakout above the resistance of the triangle would confirm a bullish trend continuation. However, the market is showing signs of a potential correction, so it’s crucial to closely monitor upcoming price action for further developments.
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