#BTC /USDT ANALYSIS

🔎 Annotation to the technical analysis of Bitcoin (timeframe 1D):

The price tested the neck line of the bullish formation 'double bottom' and rebounded, but faced resistance around $116,156. Currently, BTC is squeezed between resistance (Ichimoku cloud) and support (50-day EMA). A breakout of one of the boundaries of the price range (marked by pink rectangles on the chart) will set the direction of movement. Upon breaking the descending trend line and consolidating above — the priority will be on the long scenario. It is recommended to closely monitor the dynamics.