ANALYSIS #BTC /USDT

On the daily chart, Bitcoin is forming a 'cup with handle' pattern, with the price currently consolidating within this figure.

The Ichimoku cloud acts as strong support, reinforcing bullish momentum at this level.

A breakout above the handle will confirm the pattern and is likely to lead to a new high.

Conversely, a breakout below the handle will invalidate the setup and indicate potential weakness.