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#Could BTC break the $60K-$70K range soon? BTC/USDT ANALYSIS
BTC has pumped from the support trendline of the descending channel and is currently encountering resistance at the trendline, coinciding with the MA 50 acting as a barrier.
The MACD crossover indicates bullish momentum. A decisive breakout above the channel would confirm bullish move, whereas a rejection could signal continued movement within the channel.