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๐จโ ๏ธ #BITCOIN COULD BE ENTERING A #TRAMPA BULL RUN โ ๏ธ๐จ
Although #BTC has regained strength and is back over $80,000 ๐, analysts warn that the market might be forming a dangerous pattern known as a โRising Wedgeโ ๐
๐ Key levels:
๐น Critical resistance: $84,000
๐น Major support: $80,000
๐น Possible bullish target: breakout above $84K
๐น Bearish risk: drop towards $56K if support is lost
The current pattern shows higher highs and higher lows, but within a compression that historically tends to end in bearish movements โ ๏ธ
๐ What does Bitcoin need?
โ Strong close above $84K = bullish continuation
โ Loss of $80K = potential strong correction
For now, BTC remains steady as traders await the next big market move ๐
๐ Crypto Signals Pro
Although #BTC has regained strength and is back over $80,000 ๐, analysts warn that the market might be forming a dangerous pattern known as a โRising Wedgeโ ๐
๐ Key levels:
๐น Critical resistance: $84,000
๐น Major support: $80,000
๐น Possible bullish target: breakout above $84K
๐น Bearish risk: drop towards $56K if support is lost
The current pattern shows higher highs and higher lows, but within a compression that historically tends to end in bearish movements โ ๏ธ
๐ What does Bitcoin need?
โ Strong close above $84K = bullish continuation
โ Loss of $80K = potential strong correction
For now, BTC remains steady as traders await the next big market move ๐
๐ Crypto Signals Pro
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