$BTC BTC/USDT Analysis
Bitcoin fluctuates below the key horizontal supply zone after breaking out of a descending wedge pattern. The 50MA and 100MA serve as dynamic support levels above the wedge, strengthening the bullish setup.
A decisive breakout above the supply zone could trigger further upward momentum. Until then, a potential downward move is possible.
Watch the price action for the next major move.
What factors could push Bitcoin above this supply zone for bullish growth?