#BTC/USDT ANALYSIS

Bitcoin has broken out of a falling wedge pattern, which is usually a bullish sign. Right now, it's retesting the breakout level to see if it can hold above it.

The 50-day Moving Average (50MA) is also helping as support, which adds strength to the current move.

If Bitcoin stays above the wedge and the retest is successful, we could see a strong upward move soon.