📊 BTC Quick Update
BTC is forming a descending wedge on the 15M — been compressing since Aug 10 with lower highs and higher lows squeezing together. Price at 63,700, wedge getting very tight now.
This pattern typically breaks upward.
🟢 Break above red line (~64,000) wedge breakout, quick move toward 64,500 → 65,000
🔴 Break below green line (~63,300) wedge fails, drop to 62,500 → 62,000
Breakout is very close lines are almost touching. Watch the next few candles carefully. Direction decides the short term move.
#BTC
BTC is forming a descending wedge on the 15M — been compressing since Aug 10 with lower highs and higher lows squeezing together. Price at 63,700, wedge getting very tight now.
This pattern typically breaks upward.
🟢 Break above red line (~64,000) wedge breakout, quick move toward 64,500 → 65,000
🔴 Break below green line (~63,300) wedge fails, drop to 62,500 → 62,000
Breakout is very close lines are almost touching. Watch the next few candles carefully. Direction decides the short term move.
#BTC
