Bitcoin is currently consolidating below $100,000, but technical indicators and its relationship with Tether (USDT) suggest a potential rally towards $150,000. Analysis shows that Bitcoin's current price action resembles previous re-accumulation phases that were followed by strong price surges. The USDT dominance and U.S. Dollar Index (DXY) are also signaling a breakout, as they have historically preceded Bitcoin rallies. Additionally, Tether may need to sell its Bitcoin holdings to comply with regulations, which could increase selling pressure. Despite recent factors impacting Bitcoin's momentum, long-term sentiment remains positive. Bitcoin is currently testing the upper resistance of a falling wedge pattern, with a breakout potentially leading to a surge to $100,000 or even $107,000. Bitcoin's current price is below the 50-day SMA but above the 200-day SMA, indicating a long-term uptrend.



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