BTC/USDT ANALYSIS

BTC pumped with a lot of volume after the successful breakout and retest of the falling wedge and inverse head and shoulder pattern, which is an indication of a third bullish impulsive wave because it is the strongest wave.

It is currently building up in the range of $26,717 to $29184 and gaining strength to break through the important resistance area of $29300. A successful breakout above it would signal the bullish impulsive wave's continuation.

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