#CEXvsDEX101 #TradingTypes101 #SaylorBTCPurchase #TrumpMediaBitcoinTreasury #FTXRefunds
โ BTC/USDT ANALYSIS
๐ Btc is rebounding from the horizontal demand zone of the descending triangle pattern.
๐ The 100MA acting as strong support and signaling bullish strength.
๐ However, it is currently facing resistance from the 50MA, which is capping the price action from above.
๐ A breakout above both the 50MA and the descending triangle would confirm a bullish trend.