$BTC

BTCUSDT

Perp

87,964.4

+0.81%

BTC/USDT ANALYSIS

Bitcoin has broken down from the symmetrical triangle pattern with significant volume and is now trading within a horizontal demand zone. The Ichimoku Cloud is acting as a resistance barrier above the price.

At this stage, we can expect either a retest of the broken pattern or a breakdown below the demand zone, which would signal further correction in the market.#MyCOSTrade