$BTC

Bitcoin at a Crossroads: #SymmetricalTriangle Breakdown or Valid #FallingWedge?

Over the past two days, #BTC formed a symmetrical triangle that was broken to the downside. Since then, price has failed to return inside the triangle — typically a #bearish signal, suggesting potential continuation toward the $115,700 – $115,000 zone.

📉 While the volume on the breakdown wasn’t particularly strong, the structure still holds technical relevance for #CryptoAnalysis.

Now, a falling wedge appears to be forming. A confirmed return inside the triangle would validate this #chartpattern and effectively invalidate the triangle, shifting bias to a more #bullish outlook.

📈 If that happens, the upper boundary of the wedge becomes a key resistance zone, and a breakout above it may trigger a potential upward reversal — a scenario worth watching for active