$BTCUSDT consolidating within a falling wedge.
Bitcoin (BTC/USDT) is currently consolidating within a falling wedge pattern on the 1 hour chart. The price is approaching a breakout point, with two potential scenarios:
1. **Bullish Breakout**: If the price breaks above the descending trendline, the target area is around **66,488 USDT**.
2. **Bearish Breakdown**: If the price falls below the lower support line (~65,472), the target area could drop to around **65,109 USDT**.
Watch for a decisive move beyond these key levels to confirm the breakout or breakdown."
1. **Bullish Breakout**: If the price breaks above the descending trendline, the target area is around **66,488 USDT**.
2. **Bearish Breakdown**: If the price falls below the lower support line (~65,472), the target area could drop to around **65,109 USDT**.
Watch for a decisive move beyond these key levels to confirm the breakout or breakdown."
Feragatname
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