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#BTC/USDT ANALYSIS BTC hunted stops above $28600 but couldn't able to give a candle close above it. Currently, it is retesting above the bullish pennant. A successful retest and reclamation of the $28600 level would give a strong bullish confirmation. The overall trend of the market is bullish as confirmed by the golden crossover. However, a failed retest of the bullish pennant would be a short-term correction sign, and in that case, $25000 is a key support zone for bulls to make a higher low at that level.

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#BTC/USDT ANALYSIS BTC continued its bullish move after the golden crossover and the breakout of the inverse head and shoulder pattern. Currently, BTC has breakout the bullish pennant and trying to reclaim the previous resistance level of $28600. Reclamation of this level with a candle close above it would be a strong bullish sign for the market.

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