$BTC UPDATE


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Bitcoin is showing early signs of a bullish reversal as it attempts to break out of the descending triangle, a pattern that typically reflects prolonged selling pressure. This breakout indicates that sellers may be losing control and buyers are beginning to step in with stronger momentum.

For a solid bullish confirmation, BTC needs a candle close above the triangle. However, failure to hold above the triangle could result in a fake breakout and renewed consolidation. Until confirmation is achieved, price action around the breakout zone remains critical to watch.
#CryptoMarketMildlyRebounds
#BTC
BTC-0,18%
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GateUser-9a01c836vip
· 11h ago
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