$BTC BTC Update As mentioned in my previous analysis, BTC was forming a rising wedge pattern on both the 4-hour and daily timeframes. The market has now broken down from that pattern. A breakdown and successful retest have already occurred on the 4-hour chart. We're now waiting for a confirmation retest on the daily timeframe.
The next major downside targets are $102,000, $94,000, and $83,000. Avoid rushing into the market—wait for a deeper correction before entering. We’ll look to add more positions once we see further dips. #BTC
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