BTC/USDT ANALYSIS--Calm Whale 🐳

#BTC/USDT ANALYSIS

Bitcoin is rebounding from the horizontal demand zone of the descending triangle pattern, while the 100MA is acting as a key resistance barrier above the current price action.

A solid breakout above the pattern would provide bullish confirmation and could trigger further upside.

On the other hand, a breakdown below the demand zone could lead to further downside. Keep an eye on further price action developments.