Bitcoin is climbing again — hovering just above $84,500 at the time of writing. But while it may look like a win on the surface, something about this move feels off. A technical formation known as a rising wedge is emerging — and in crypto, that’s more of a red flag than a reason to celebrate.

📉 Going Up… But With a Warning

At first glance, it all seems bullish: higher highs, higher lows — classic signs of a growing trend. But this time, the climb feels lacking in strength — and more importantly, in volume.

Every upward pop seems hesitant, almost as if the market is waiting for someone to believe in it. But instead of confidence, there’s silence — and that’s a red flag. It’s not necessarily predicting a crash, but it signals a quiet loss of conviction.

🧱 A Fragile Rally Fueled by Saylor’s Move

Last week, Bitcoin dipped to $77,000 — and that’s when Michael Saylor of MicroStrategy stepped in with another one of his signature buys. As usual, the market responded quickly, bouncing back upward. But was it a genuine recovery?

The catch is that these big buys are typically revealed a day after they happen. Which means the market may have spent two full days in artificially boosted confidence, triggered by Saylor’s purchase and a wave of position liquidations that followed.

⏳ Mondays Bring Reality

History shows that Monday tends to bring clarity, especially when the CME (Chicago Mercantile Exchange) opens. If past behavior repeats, a pullback to around $79,000 is not out of the question.

🧩 Bottom Line: Beware the Hollow Euphoria

Bitcoin might be climbing on the chart, but a rising wedge pattern with low volume and weak participation is more of a caution signal than a bullish one.

There’s no clear sign of collapse — but also no convincing momentum behind the rally.

Sometimes, silence in the market says more than the price.

#BTC , #bitcoin , #CryptoPredictions , #crypto , #CryptoNewss



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