$BTC /$USDT Analysis: A Critical Stand-off! 🧐

​Bitcoin is at a pivotal point, trading just above a key horizontal support/resistance level after a breakdown from a rising wedge pattern. The market is showing a classic tug-of-war between bullish and bearish forces.

​Here’s the technical breakdown:

​Resistance: BTC is currently facing rejection from the 50MA, which is acting as a strong resistance barrier.

​Support: Below that, the 100MA is ready to provide support, sitting just beneath the key horizontal level.

​For now, the best strategy is to wait for more price action to confirm the next move. What's your take on BTC's next move? Drop your analysis below! 👇

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