Hello friends, welcome to this BITCOIN update from Crypto Sanders.

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BTC/USDT Analysis – Brief Update
BTC is currently moving within an ascending triangle pattern. After being rejected at horizontal resistance, it is now trading above the Ichimoku cloud.

Ascending Triangle Pattern: BTC is making higher lows, indicating buying pressure. Horizontal resistance marks an important level to watch.
Ichimoku Cloud: Trading above the Ichimoku Cloud indicates bullish sentiment.
Possible movement:

Bullish Scenario: A bounce off current levels, followed by a breakout above the triangle resistance, would confirm a bullish trend.
Neutral scenario: Expect further movement within the triangle, until breakout.
Stay tuned for further updates and analysis!

Remember:-This is not a piece of financial advice. Stay tuned to us for further updates and analysis. Thank you!
BTCbtclongbtcshortBTCUSDBTCUSDTChart PatternscryptocryptomarketTechnical IndicatorssandersTrend Analysis

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