In my previous analysis, I highlighted how BTC broke out of a falling wedge pattern, a classic bullish signal. Since then, Bitcoin has followed through with impressive strength — now trading around $88,256, up over 5.27% in the last 10 days.
Chart Recap:
Falling wedge breakout confirmed
Breakout level: ~$83,800
Current daily close holding strong above resistance
Momentum remains bullish as buyers maintain control
Next Key Targets (Based on Wedge Height Projection):
Target 1: $90,000 (psychological round level)
Target 2: $94,000 (local supply zone)
Target 3: $98,500–$100,000 (measured move from wedge pattern)
Support Levels to Watch:
$86,500 – Strong retest zone
$83,800 – Previous wedge resistance (now key support)
My View:
As long as BTC stays above $86,500, bulls remain in control. Price action suggests we may be entering a strong continuation phase. If volume supports this rally, $94K+ could be seen in the coming days.
Drop your thoughts below — Are we heading for a new ATH or will bears step in?