#$BTC BTC /USDT ANALYSIS Bitcoin has broken down from the descending triangle pattern with significant volume. It is currently undergoing a retest, with the 200MA now acting as a resistance barrier. If the retest confirms the breakdown, it could lead to further correction in the market. #TrumpTariffs #BTC '
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šĀ #BTC /USDT ANALYSIS
Bitcoin has officiallyĀ broken down from the descending triangleĀ ā a bearish continuation pattern ā withĀ notable volume confirming the move.
š It's now in aĀ crucial retest phase, where theĀ 200 Moving Average (200MA)Ā has flipped into aĀ key resistance level.
This retest could be the deciding factor:
ā A rejection here may confirm the breakdown and signalĀ further downside ahead.
ā ļø However, reclaiming this level could trap bears and lead to a short squeeze.
šÆ All eyes are on how $BTC BTC reacts in this zone.
š Macro factors likeĀ #TrumpTariffsĀ and broader economic uncertainty could also influence price action.
Stay alert. The next move could be swift.