$BTC
Analysis of Pair (BTC/USDT)
$BTC has broken through the horizontal supply zone, recording its highest historical level. Currently, a retest of this key level from above is expected.
Both the 21 and 50 moving averages show strong bullish momentum, reinforcing the trend. A retest of the previous supply area, which now forms support, may pave the way for a new rise in Bitcoin's price.
Keep a close watch on price action for confirmation and potential entry signals.