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#BTC/USDT ANALYSIS
BTC bounced back after clearing the short-term downside liquidity. It is also forming an inverse head and should pattern on smaller time frames.
Currently, it is facing MA21 resistance, and a breakout of it will confirm a move toward the horizontal resistance. For mid-term bullish confirmation, bulls need to clear Ichimoku clouds, which would ensure a trend reversal in the market.
BTC bounced back after clearing the short-term downside liquidity. It is also forming an inverse head and should pattern on smaller time frames.
Currently, it is facing MA21 resistance, and a breakout of it will confirm a move toward the horizontal resistance. For mid-term bullish confirmation, bulls need to clear Ichimoku clouds, which would ensure a trend reversal in the market.