$BTC %

📉 Daily chart for the #BTC/USDT pair

The price of Bitcoin (BTC) is still trading within a descending wedge pattern. The price has been rejected from the upper trend line and is now heading towards a key retracement area.

📌 Fibonacci support levels to watch:

🔹 0.618 → $104,180

🔹 0.786 → $102,435

🟤 Strong base near $100,000

If the support levels hold, the next breakout targets are:

🎯 $109,787

🎯 $113,071

🎯 $115,966

A confirmed breakout above the wedge pattern may trigger a significant upward wave. Watch for high trading volume! 🚀