Bitcoin has printed a Falling Wedge on the 4Hr timeframe โ€” a classic bullish reversal pattern, but only valid if we get a breakout confirmation.

๐Ÿ”ป Price has been grinding down inside a narrowing wedge from the $108K high

๐Ÿ”น๏ธEach bounce is getting weaker, but the lows are also converging upward

๐Ÿง  Market Psychology:

Bears dominate short-term, but momentum is fading

Smart money watches for breakout above the wedgeโ€™s upper boundary to trigger momentum shifts

Trap risk remains if #BTC breaks down first before reversing โ€” be patient

๐Ÿ” Key Levels:

โš ๏ธ Upper wedge resistance: ~$104.5Kโ€“105K โ†’ needs clean breakout

๐Ÿงฑ Support: ~$101.8Kโ€“102K โ†’ this is wedge base and must hold

๐Ÿš€ Breakout target (measured move) = $108Kโ€“110K zone

๐ŸŽฏ STRATEGY OUTLOOK

๐Ÿ”ต Bullish Case:

โœ… Long only after breakout + candle close above $105K

๐ŸŽฏ Targets: $107.5K โ†’ $110K

๐Ÿ›‘ Stop below wedge re-entry = safe risk

๐Ÿ”ด Bearish Case:

Breakdown from $102K = fake wedge โ†’ possible drop toward $100K psychological support

Re-evaluate structure if rejection continues

๐Ÿ“Œ Conclusion: $BTC is nearing the apex of this wedge โ€” a decisive move is coming. Donโ€™t front-run it. Wait for the breakout confirmation. If it breaks out, the momentum could shift fast โ€” donโ€™t sleep on it.