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#BTC/USDT ANALYSIS BTC is on the verge of a long descending | Crypto bulls

#BTC/USDT ANALYSIS

BTC is on the verge of a long descending trendline resistance. It is trading above Ichimoku cloud and MA 100 and attempting to do a proper breakout.

A solid breakout of the descending trendline resistance would be another strong confirmation of the bullish trend in the market.

If it rejects from here, there might be a potential situation of retesting the horizontal support of $19K to make a higher low above it.