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#bitcoin in is gradually approaching the $116,000 resistance level, and we should observe how it reacts in that area. The weekend began with a green candle, and hopefully, this upward trend will continue into the week. Additionally, there is a rising wedge pattern on the lower timeframes, so we’ll see which direction it breaks.
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#TOTAL MARKET CAP ANALYSIS The total crypto market cap is rebounding strongly from the support trendline of the descending broadening wedge. It's now testing the 100MA and 200MA a breakout from the pattern would confirm further bullish momentum. Keep an eye on it.
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🗓 Weekly Economic Calendar : August 2025 #MarketRebound #ProjectCrypto #FedGovernorVacancy #WhiteHouseDigitalAssetReport #FOMCMeeting
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