$BTC

Hello esteemed traders.

Bitcoin has bounced off the horizontal resistance and is now attempting to break through the ascending triangle.

A successful retest below the triangle will confirm a short-term bearish trend.

The price is also approaching the 200 EMA support level. A reversal from this point is possible, but a break below the 200 EMA will confirm further downward movement.

Before making trading decisions, it is better to consult with your advisor.

Good luck, friends.

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