📐 The $BTC setup we mapped earlier is now playing

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📐 The $BTC setup we mapped earlier is now playing out.

When #BTC was around $62,000, we identified a descending wedge and mapped its potential breakout path.

Now BTC has reached around $81,500 meaning the structure we drew back then has essentially played out. 🚀

What stands out is that price followed the breakout path from the old setup, turning our previous technical structure into a completed move.

Now the key question is how BTC reacts around the next major resistance area. 👀

⚠️ Not financial advice.

#bitcoin #BTC #crypto #trading

The_Boss10

🔷️ $Bitcoin is still stuck beneath a level that has repeatedly rejected the recovery.

The daily chart shows the earlier rising channel breaking down into a broad descending structure. Since then, $BTC has been compressing between falling trendlines, with the blue horizontal resistance acting as the main ceiling. The repeated failures to reclaim that area keep the structure cautious. 👀

What stands out is how similar the current consolidation looks to the pause after the previous breakdown. A decisive move out of this descending structure should be much more informative than the small fluctuations inside it. Until then, the market remains in compression rather than confirmed trend reversal.

⚠️ Not financial advice.

#BTC #ALTCOİNS #DEFİ #Web3

Disclaimer: Includes third-party opinions. No advice. Binance AI may be used without guarantee. See T&Cs.

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