Technical analysis by Meisam_TA about Symbol BTC: Buy recommendation (6/15/2024)

#BTC/USDT ANALYSISBitcoin is currently trading within the ascending triangle. The price hovers near a key upward trendline of the triangle indicating strong support. Bitcoin's current consolidation around the trendline and the cloud's edge suggests a crucial decision point, a breakout above this triangle would be a bullish signal, while a break below may lead to a deeper correction.