Market Update: $BTC /USDT Technical Analysis
đ Bitcoin is currently trading within a Bullish Pennant on the 1-hour timeframe, which is a continuation pattern signaling potential upside.
đ A successful breakout and retest of this pattern could lead to a strong rally for BTC, with significant buying pressure and momentum building.
đĄ Key Levels to Watch:
Breakout Resistance: Confirmation of a breakout could result in a bullish push.
Support on Retest: A successful retest of the broken pennant would solidify bullish momentum.
Stay alert for confirmation signals! đđ