A Key Pattern Has Broken: What's Next for #bitcoin ?

$BTC has confirmed a technical breakdown by dropping out of the classic rising wedge formation (the C–G structure).

This is significant because rising wedges typically signal a potential trend reversal.

After multiple failures to reclaim the $109,000 resistance, the price is now critically retesting the lower edge of the wedge near $103,600 as support.

• If this $103.6K level holds, a rebound remains possible.

• However, a clear failure to recover above $109K will confirm the bearish move, with the next strong support target being $98,200 (based on prior accumulation).

• BTC is currently at a crossroads: The risk is high for a retracement into the mid-$90,000 range if selling pressure continues.