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#btc/usdt

Bitcoin is currently forming a descending channel pattern on the 2-hour chart🧐

The target price level for $BTC in case of an upside breakout is around $73,000🎯
#btc/usd has successfully retested and moved above an ascending triangle pattern, indicating bullish momentum🧐

Analysis of the Ichimoku cloud also points to a bullish trend for $BTC📈

As long as $BTC continues trading above the ascending triangle, the expectation is for continued upward price movement📝
#btc/usdt is trading within a symmetrical triangle pattern on the 6-hour timeframe👀

The MA 100 and Ichimoku cloud are suggesting a bullish trend🔺

A breakout of the triangle would confirm bullish sentiment📈

Rejection and sustained breakdown of the triangle could lead to a market correction📉
#btc/usdt

The price bounced off the key ascending support, and staying above it could lead to a retest of the channel's top📈

The goal is for $BTC to reach the middle of the range zone, with resistance at $69,500👨‍💻
#btc/usdt is retesting the support level of the previous range🔍

The target for the potential move after a bounce is the resistance zone around $76,000🎯
#btc/usdt is currently trading within an ascending triangle pattern, holding above the trendline support and the 100-day moving average👨‍💻

A bounce from this level and a breakout of the triangle would confirm bullish sentiment✈️
#btc.d

The real altseason is expected to start when BTC dominance drops☝️

Closely monitoring the BTC dominance chart is advised to anticipate the potential start of the altseason🧐
#btc/usdt went down significantly after a "Black Swan" event, wiping out many positions😒

The market is continuing to move downward, even with the upcoming Bitcoin halving📉

Two possible scenarios are considered - a move to take liquidity below $60,000, or a sweep of local highs and lows as the market builds an expanding triangle pattern📝

The target is a key level at $60,000🎯
#btc/usdt is gaining upward momentum from a horizontal support level🧐

Price is currently trading below the 100-period moving average and the Ichimoku cloud👨‍💻

For bullish confirmation, $BTC needs to break out above the Ichimoku cloud📈
#btc/usdt

BTC has already dropped to around $64,500, but the decline may continue after a short-term rebound🧐

Bearish signals on lower timeframes suggest the possibility of further decline📉

Preparing for further decline to gather local liquidity from below👨‍💻