$BTC Rising Wedge has already broken down.
Now, Daily candle closed below the EMA50 (114.9k)
Bitcoin is now very close to the 111,880 support level. If bulls fail to defend it, the next target will likely be around 108k.
However, if Bitcoin holds above the 112k support then Retest of EMA50 (114.9k) is Possible..
🔻 Overall: Bears are in complete control.. 🐻