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Bearish
Crypto Sat
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$BTC 15-Min Chart ā Rising Wedge Alert
Bitcoin is currently forming a Rising Wedge pattern on the 15-minute chart ā a classic bearish reversal setup after a strong push from sub-102K levels.
The price is making higher highs, but the slope is getting weaker ā often signaling momentum exhaustion.
šø Immediate support lies near 105,600ā105,800
šø Breakdown below this wedge could send BTC toward the 104,500ā104,000 zone
šø Upside invalidation only if we break and hold above 107K
š” If you're long, keep your stops tight. Wait for a clear breakout or breakdown; don't chase.
Stay sharp ā wedge breakdowns can be swift and nasty š
Bitcoin is currently forming a Rising Wedge pattern on the 15-minute chart ā a classic bearish reversal setup after a strong push from sub-102K levels.
The price is making higher highs, but the slope is getting weaker ā often signaling momentum exhaustion.
šø Immediate support lies near 105,600ā105,800
šø Breakdown below this wedge could send BTC toward the 104,500ā104,000 zone
šø Upside invalidation only if we break and hold above 107K
š” If you're long, keep your stops tight. Wait for a clear breakout or breakdown; don't chase.
Stay sharp ā wedge breakdowns can be swift and nasty š
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content.Ā See T&Cs.
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