#Bitcoin is consolidating within a descending channel and is currently #trading below the channel’s resistance trendline, where the 50MA is acting as a resistance barrier. A decisive breakout above the channel could trigger a #bullish rally in the market. Otherwise, price may continue to #move within the channel. #CryptoTrading $BTC
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#BTC/USDT ANALYSIS
#Bitcoin is consolidating within a descending channel and is currently #trading below the channel’s resistance trendline, where the 50MA is acting as a resistance barrier. A decisive breakout above the channel could trigger a #bullish rally in the market. Otherwise, price may continue to #move within the channel. #CryptoTrading
$BTC