#Bitcoin has broken down from the descending triangle #pattern and is currently #trading just above the horizontal demand zone. Holding this key support level could trigger a relief bounce and initiate a short-term market recovery. However, a confirmed breakdown below the demand zone would invalidate the support structure and likely lead to a deeper correction across the market. #crypto $BTC
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#BTC/USDT ANALYSIS
#Bitcoin has broken down from the descending triangle #pattern and is currently #trading just above the horizontal demand zone. Holding this key support level could trigger a relief bounce and initiate a short-term market recovery. However, a confirmed breakdown below the demand zone would invalidate the support structure and likely lead to a deeper correction across the market. #crypto
$BTC