$BTC BTC/USDT Technical Outlook:

Bitcoin is currently consolidating above the support trendline of a symmetrical triangle pattern, indicating a potential breakout or breakdown scenario ahead. The 21-day moving average is acting as a dynamic resistance, capping upward movement for now. On the downside, the 50-day moving average is providing strong support, closely aligned with the lower boundary of the triangle. This technical setup suggests that a decisive move is approaching. A breakout above the 21MA could spark fresh bullish momentum, potentially pushing the price towards higher resistance zones.