BTC could extend the decline to the key psychological zone of 98,000-100,000 in September, which would represent a 20% correction from its recent high if selling intensifies

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Break of the ascending wedge of Bitcoin's price: How far can BTC fall?

Multiple technical indicators and the recent activity of whales increase the chances of Bitcoin falling below $100,000 in the coming weeks.

Bitcoin is at risk of experiencing a deeper correction towards $88,000-$94,000 after breaking below an ascending wedge.

A double top pattern similar to that of 2021 increases the chances of BTC falling below $100,000.

Bitcoin (BTC) has corrected nearly 8% since it set its all-time high of over $124,500 four days ago. It now risks further declines due to a classic bearish reversal pattern.
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