BTCUSD UPDATE Liquidity $$

https://www.tradingview.com/x/7mVEItA5
Hey team Hope you are Enjoying our ideas and Analysis, Today we are Monitoring BTCUSD
#BTC/USDT ANALYSIS

BTC has broken out of the descending channel and is currently retesting above it. The MA 50 is acting as support. The Ichimoku cloud is serving as resistance. A successful retest or a break above the Ichimoku cloud would confirm bullish momentum. If the price enters the channel, further movement within the channel is also expected.