$BTC Market Analysis 🔥

BTC is currently trading inside a falling wedge pattern on the daily chart, a structure often considered bullish in nature. The price is hovering near the lower trendline support, showing signs of consolidation after the recent drop, indicating that sellers are losing strength around this zone.

A breakout above the upper trendline would confirm a potential bullish reversal and could trigger upward momentum. However, failure to hold the lower support may lead to further downside pressure before any recovery attempt. Traders should watch for volume confirmation on the breakout or breakdown for clearer direction.

➖➖➖➖➖

- Bitcoin Bullets® Trading