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#BTC/USDT ANALYSIS
Bitcoin has recently broken down from the ascending triangle pattern and is now trading within the Ichimoku Cloud. At this point, it's crucial to wait for a successful retest of the broken support level.
If the retest confirms the breakdown, it could signal further bearish momentum for BTC. However, if the retest fails, we may see a potential upward reversal.
Good trade
Bullguyz 🐮
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Great analysis! I agree—waiting for the retest is crucial. If it confirms the breakdown, we could see more bearish momentum, but a failed retest might signal a reversal. Let's see how it goes. Good luck!
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