$BTC BTC/USDT Analysis
Bitcoin is hovering below a key horizontal supply zone after breaking out of a falling wedge pattern. The 50MA and 100MA are serving as dynamic support levels above the wedge, bolstering the bullish setup.
A decisive breakout above the supply zone could ignite further upward momentum. Until then, a potential downward move remains possible.
Keep a close watch on price action for the next big move.
What factors could push Bitcoin past this supply zone for a bullish surge?
