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Topic starter
02/09/2024 12:36 pm
#BTC/USDT ANALYSIS
Bitcoin is currently encountering resistance from both the 100-day moving average and the Ichimoku Cloud, which are positioned above the current price action.
The bitcoin is trading within a descending broadening wedge pattern, with the 200-day moving average providing support just above the wedge's lower trendline.
Further price action developments are needed before taking any decisive action.nnForwarded from: The Crypto ExpressnnForwarded from Telegram. NFA! DYOR!