🚨 $BTC COMPRESSING BEFORE THE NEXT BIG MOVE
$BTC is currently forming a falling wedge during uptrend
Price is gradually squeezing between two descending trendlines after the strong move up
For me, the key here isn’t just the pattern itself, but where it’s forming
If$ Btc breaks above the upper trendline and holds, the next area to watch could be $84-90K
But there’s another scenario
BTC could first sweep lower toward $72-74K, take the liquidity, and then use that area to start the next move higher
So I wouldn’t rush to guess the direction here
Let’s see which side BTC takes first -
$BTC is currently forming a falling wedge during uptrend
Price is gradually squeezing between two descending trendlines after the strong move up
For me, the key here isn’t just the pattern itself, but where it’s forming
If$ Btc breaks above the upper trendline and holds, the next area to watch could be $84-90K
But there’s another scenario
BTC could first sweep lower toward $72-74K, take the liquidity, and then use that area to start the next move higher
So I wouldn’t rush to guess the direction here
Let’s see which side BTC takes first -