$BTC
Hello dear traders.
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 breakout or exit from the pattern is crucial for confirming the next significant directional move.
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.
It is advisable to consult with your advisor before making trading decisions.
Good luck friends.