ANALYSIS of 💰 #BTC /USDT

Bitcoin is facing a loss of the blue line of the SMA 50 and it itself now offers resistance.

Currently, it is being traded above the Ichimoku Cloud, which is acting as support, while the downtrend line continues to serve as support, everything is fine.

A break above the SMA 50 of the 4h could trigger a new upward momentum.

On the other hand, a break below the Ichimoku Cloud may push the price towards the red trend line of the symmetrical triangle, local support.

Keep a close eye on the price action as it approaches the weekly close today at 21:00 Brasília time and exactly at that time we will have a live broadcast on Bitsimples.

I am ➡️ @Armandosinaisvip