#BTC/USDT ANALYSIS
Bitcoin is currently trading within the ascending triangle. The price hovers near a key upward trendline of the triangle indicating strong support.
The Ichimoku Cloud, with a green cloud beneath the current price, offers additional support, aligning closely with the trendline.
Bitcoin's current consolidation around the trendline and the cloud's edge suggests a crucial decision point, a breakout above this triangle would be a bullish signal, while a break below may lead to a deeper correction.
