$BTC BREAKS WEDGE SUPPORT — 100MA HOLDS THE KEY TO THE NEXT MOVE 🔥
The rising wedge breakdown is confirmed on the 4H, and Bitcoin is now testing the 100MA as the last barrier before a potential acceleration lower. Volume on the sell-side has increased 18% compared to the previous daily candle, and the RSI has dipped below 45 for the first time in two weeks.
If the 100MA fails, the next major liquidity sits around 63,000. If it holds, expect a quick retest of the wedge breakdown level near 67,500. Which side are you positioned for?
Not financial advice. Always manage your risk.
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