Bitcoin price may bounce from the selling area and start to decline.
Hello traders, I would like to share my opinion on Bitcoin. In the past, the price has been consolidating within a wide range, repeatedly rejecting support and resistance areas. The buying zone between 79100 and 80300 formed a strong base, and from there, the price of Bitcoin began to grow, forming a bullish structure that led to a rising wedge pattern. This growth accelerated once the price broke through the support area and continued to rise until it approached the resistance level.