Chart Pattern: 📉 Falling Wedge (Red zone) – This is usually a bullish reversal pattern ✂️ Price broke out from the wedge around $74,508 – very strong signal 🚀 Potential upside move is forming
Key Levels: 🛑 Resistance:
$83,205.03
$85,352.39 (target)
$86,341.67
🛡️ Support:
$78,464.36
$76,931.76
$74,508.00 (previous low)
Expected Movement (Yellow Line): 🔁 A short-term dip is possible (retest) 📈 Then bounce up toward the $85K target ⚠️ Watch volume – confirmation is key!
Summary: ✅ Bullish breakout confirmed ⏳ A small dip might come before the next leg up 🎯 Targeting $85,352 if support holds ❌ If BTC drops below $76K, rethink long positions
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