Bitcoin remains trapped in a tightening triangle, still trading above support but running out of room. The market is waiting for confirmation. The Ichimoku Cloud stands as a clear resistance wall. A decisive breakout flips sentiment bullish. A breakdown below structure opens the door for deeper pullback.$BTC #GateSpringFestivalHorseRacingEvent #CelebratingNewYearOnGateSquare
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
$BTC /USDT ANALYSIS
Bitcoin remains trapped in a tightening triangle, still trading above support but running out of room. The market is waiting for confirmation.
The Ichimoku Cloud stands as a clear resistance wall. A decisive breakout flips sentiment bullish. A breakdown below structure opens the door for deeper pullback.$BTC #GateSpringFestivalHorseRacingEvent #CelebratingNewYearOnGateSquare