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$BTC /USDT ANALYSIS
Bitcoin has broken out of the symmetrical triangle pattern with significant volume and is currently testing the breakout level.
The 50MA is acting as a support beneath the current price action.
A successful test of the triangle breakout level could trigger a bullish rally in the market.
However, if the price breaks back below the level, we may see further consolidation inside the triangle pattern.
Keep an eye on the upcoming price action for confirmation.
#BTC