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#BTC/USDT ANALYSIS Bitcoin is consolidating within a falling | Crypto Family

#BTC/USDT ANALYSIS

Bitcoin is consolidating within a falling wedge chart pattern and has recently been rejected from the resistance trendline of the wedge.

Additionally, the Ichimoku cloud is acting as resistance above the pattern. A successful breakout from the wedge would serve as bullish confirmation.

Conversely, if Bitcoin breaks down through the support trendline of the wedge, the pattern will be invalidated.