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9.13 Weekend Morning Market Overview: BTC bullish flag wedge channel; a breakout only needs one signal

BTC closed the morning session with a doji candle, with most of the weekend ranging around 7.72

BTC is inside a descending open wedge channel. During the bullish flag consolidation phase, weekend liquidity issues have a big impact on the overall market trend

Looking at the Vegas channel as well: the 144–169 range forms a channel supported around 7.65. The 7.65 support is still effective, with a bottoming-and-bounce setup

As time shifts, the candlesticks will move too. 7.78 and the descending trend form a two-point confluence. If it breaks through and stabilizes, the market will likely form a rebound and build out a bullish flag structure

Conversely, if it touches the 7.78 confluence point but cannot form an effective breakout, the price will continue to range within the descending wedge channel. If 7.65 support fails, the next support level may be around 7.37 or even lower

Weekend liquidity is scarce, so consolidation around 7.72 is the main scenario. Watch whether the late session forms small wave fluctuations. The focus is still on tomorrow afternoon and the movement after the U.S. stock market opens

If you pass by, please quickly hit follow, like, and leave a comment—your support means a lot. Thank you and grateful appreciation! The information above is for market analysis only and not for trade execution;
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Bitcoin’s price will still need to break above $84,000 to reach $90,000 and beyond, or risk falling back to $60,000.

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