Bitcoin broke out of the ascending triangle pattern with significant volume, indicating a potential bullish impulse. Ichimoku Cloud provides support, further highlighting the bullish strength.
Successful retesting above the triangle will confirm the bullish trend. However, if the retesting fails, we may see further price movement within the triangle.
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#BTC/USDT ANALYSIS
Bitcoin broke out of the ascending triangle pattern with significant volume, indicating a potential bullish impulse. Ichimoku Cloud provides support, further highlighting the bullish strength.
Successful retesting above the triangle will confirm the bullish trend. However, if the retesting fails, we may see further price movement within the triangle.