ANALYSIS #BTC /USDT
Bitcoin is bouncing off the horizontal demand zone at the base of the descending triangle. The 100MA is currently providing dynamic support just below the structure.
A decisive breakthrough or exit from the model is crucial for confirming the next significant directional movement.
Buyers are expected to aggressively defend the $100,000 level, as failing to meet this requirement could lead to a deeper correction towards $93,000.