#BTC BTC/USDT Analysis

Bitcoin is trading within a descending wedge, nearing a critical resistance trendline. The 50-day moving average looms overhead, posing a challenge to upward momentum.

A decisive breakout above the wedge, coupled with a confirmed retest, could signal a bullish shift. Conversely, a failed breakout may keep prices trapped within the pattern for longer.

What do you think Bitcoin needs to break this resistance and spark a new rally?