$BTC Analysis 🚨
1. Bullish Scenario
If the support at the base of the wedge holds, we could see:
- a bounce (rebound) to the upside
- a potential breakout from the wedge, with an initial target around ~119,500, and possibly higher if the resistance is broken
2. Bearish Scenario
If the Buyer Zone breaks below 114,000:
- the next support could be around 112,000 or lower
- this would mean the wedge is invalidated as a bullish signal, and could mark the beginning of a downtrend
🧠 Conclusion
The chart suggests a critical moment — Bitcoin is right at the lower edge of a descending wedge. The next few hours could determine the direction:
Breakout to the upside = bullish reversal
Breakdown below support = bearish continuation
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