📉 Bitcoin (BTC/USDT)

Timeframe: 1H

🔍 Pattern: Rising wedge breakdown observed

📊 Current Price: $105,276

📉 Outlook: Bearish short-term, possible retest of demand zone before upward move

🔁 Scenario-Based Signal:

✅ Short Setup (Breakdown of wedge):

Entry: $105,200 – $105,400

Target:

Target 1: $104,200

Target 2: $103,500 (bottom of demand zone)

Stop Loss: $105,900

🟢 Long Setup (if price holds support and bounces):

Entry: $103,500 – $104,200

Target:

Target 1: $106,800

Target 2: $107,800 (top resistance zone)

Stop Loss: $103,000

📌 Note: Wait for clear price action confirmation near support zone before entering a long. Avoid chasing the move—let price come to key levels.

$BTC #BTC110KSoon?