$BTC Signal – Bullish Breakout Watch
Chart Pattern: Bitcoin is currently consolidating within a falling wedge pattern on the daily timeframe—a structure that historically signals bullish reversals.
Current Price Zone: Testing a key confluence resistance—upper wedge trendline + 50-day MA—a breakout above this area could trigger aggressive upside momentum.
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Trade Setup:
Entry (Breakout Confirmation): Above $80,300 (daily close)
Stop-Loss: Below $76,800
First Target: $86,500
Second Target: $89,000
Extended Target: $107,000 (macro breakout projection)
Market Sentiment:
Momentum is gradually building as BTC trades near a breakout point, with volume tightening and buyers stepping in near every dip.
A decisive move above the wedge could shift the broader market sentiment into risk-on mode, accelerating institutional and retail interest.
Next Move:
Wait for a clear breakout with volume confirmation. If the wedge breaks to the upside, consider scaling into longs toward mid and long-term targets.
Bias: Bullish – breakout imminent
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