$BTC /USDT ANALYSIS
Bitcoin is rebounding from the support trendline of the descending broadening wedge pattern. It is currently trading below the Ichimoku cloud, which is acting as a resistance barrier.
A breakout above both the cloud and the pattern would indicate a potential bullish trend.
On the other hand, if the breakout fails, the price may continue to move within the pattern. Keep an eye on this key setup.
