#BTC/USDT ANALYSIS BTC is retesting below the neckline of th | Crypto Family

#BTC/USDT ANALYSIS

BTC is retesting below the neckline of the head & shoulder. It bounced from the MA 200 with a decent volume. The overall volume is very less in the market.

The horizontal resistance must be reclaimed by the bulls to invalidate the head and shoulder pattern and signal a bullish trend. A successful retest would be a sign of a bearish move toward the horizontal support.