#Bitcoin Current Update ( Daily Time Frame )

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#BTC Everyone is focused on the Major Trendline
On the daily timeframe Chart, the Major Trendline is being zealously defended by Bitcoin Bulls.
- We might see another 15–18% bullish rally if Bitcoin holds above the Trendline Support (28.4k) and breaks the Wedge upward.
- We might test the Crucial Support around 24.9k, though, if the daily candle closes below the Major Trendline.

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No changes in #Bitcoin
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#BTC

The ascending trendline, which is a crucial trendline for bulls to defend, and the MA 50 support are being traded above by BTC. Bearish momentum following MACD crossover is waning. A strong volume comeback from here would signal the return of bullish impetus to the market, while a strong breakdown would signal the confirmation of the negative trend.
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#BTC

On shorter time scales, BTC is trading in a falling wedge pattern. Ichimoku cloud resistance is present. The RSI is in a neutral area. The market has a fairly small volume. For bullish confirmation, we must watch for a strong breakout of the falling wedge. If there is a pullback, the falling wedge's support will be tested.
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#BTC

BTC is attempting a breakout while trading in a falling wedge. Ichimoku cloud is serving as a barrier. The MACD crossover is indicating a bullish trend. The bullish confirmation would come in the form of a strong falling wedge breakthrough. It will further consolidate in the falling wedge in the event of rejection.
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