#BTC/USDT ANALYSIS
Bitcoin is consolidating within a descending broadening wedge pattern and is currently trading just below the resistance trendline.
The 200MA is acting as a key support level beneath the current price action.
A decisive breakout above the pattern would signal a bullish trend, while a breakdown below the 200MA could lead to further downside.
Keep a close watch on the next move.
$BTC
$ETH
$SOL
#MarketRebound #IsraelIranConflict