#BTC/USDT ANALYSIS

After rebounding from the horizontal demand zone of the descending triangle pattern, the price is now facing rejection at the pattern’s resistance trendline.

The Ichimoku Cloud is also acting as a resistance barrier above the price action.

A breakout above both the trendline and the cloud would signal a potential bullish trend.

Alternatively, the price may continue to consolidate within the pattern until a decisive move occurs.