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#BTC/USDT ANALYSIS
#Bitcoin is facing rejection from the resistance trendline of an ascending channel. Currently, it is #trading above the Ichimoku Cloud, which is acting as support, while the 100MA is serving as a resistance barrier. A breakout above the 100MA could trigger further upward momentum. On the other hand, a breakdown below the Ichimoku Cloud may push the price toward the channel’s support trendline. Keep a close eye on the upcoming price action. #CryptoRecovery
$BTC