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#BTC/USDT ANALYSIS
#Bitcoin is #trading below the resistance trendline of a descending broadening wedge pattern, while the 50MA is acting as support beneath the current price. A strong breakout above the resistance trendline would confirm another #bullish rally in the market. However, rejection from this level is also possible, which could lead to short-term downside. Keep a close eye on the upcoming price action for confirmation. #CryptoForGood
$BTC