#BTC/USDT ANALYSIS
Bitcoin is encountering rejection near its prior peak and the resistance trendline of a rising wedge pattern.
The 21MA is currently serving as a resistance barrier, while the Ichimoku cloud offers solid support beneath the current price level.
A breakout above the wedgeโs resistance would negate the pattern, whereas a drop below the wedgeโs support could open the door to further declines.
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August 28, 2026 15.5K 1
