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BTC/USDT ANALYSIS

Long
BINANCE:BTCUSDT   Bitcoin / TetherUS
#BTC/USDT ANALYSIS

BTC has broken out of the symmetrical triangle pattern with a noticeable increase in trading volume on a 2-day timeframe. The MACD indicator has registered a bullish crossover, indicating a spike in positive momentum.

The Ichimoku cloud is displaying a bullish trend. As long as BTC remains above the boundaries of the triangle, a continuation of the ongoing bullish rally is anticipated.
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