#BTC/USDT ANALYSIS
Bitcoin is currently facing rejection at the resistance trendline of the symmetrical triangle pattern, the price is close to the support trendline of the triangle. We can expect a bounce from the trendline of the triangle, with a confirmed breakout from the triangle indicating a bullish trend.
However, the Ichimoku cloud is also serving as a resistance, adding another layer of complexity to the price movement.If Bitcoin breaks down below the triangle, it would signal a bearish trend.
