2 May 2026

BTC USDT ANALYSIS


After breaking out of the descending broadening wedge and completing a successful retest, Bitcoin is now rebounding with strength.
Price is currently trading within the horizontal supply zone, while the Ichimoku Cloud continues to act as support showing bullish momentum.
A confirmed breakout above the supply zone would likely trigger another rally in the market, with the next major target around 95k.

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