Bitcoin is trading sideways, while altcoins are showing positive movement. Money is flowing into ETH and other altcoins now. If BTC stabilizes at this level for a week, we may see a good rally in the market.
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#BTC/USDT ANALYSIS #BTC has formed a bullish pennant. A solid breakout would confirm another upward leg. In the event of a sustained breakdown of the pennant, a short-term retracement could also be a plausible scenario. $BTC
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#Bitcoin price is currently increasing and approaching a significant resistance area. Because of this, there may be a significant amount of selling pressure at this level.