$BTC is forming the new bear trap.
Rising wedge → false breakdown → bear trap at $73k → strong rally.
Seen this pattern before. Twice this cycle.
If $73,000 holds, $90,000 is the next stop.
And bears become the exit liquidity.
#Altcoins
We’ve been here before! Disbelief, Fear, RSI bottoming, trendline support etc...
And every single time, it ended the same way, with a massive crypto rally!
Don’t overthink it!!
$BTC has bottomed out & is getting ready for a Wedge Breakout..!!
Bulls need to reclaim the 110k Resistance level to confirm the upside Wedge Breakout..
Once confirmed, Bitcoin could rally toward the 116k Resistance area..📈
#Crypto#Bitcoin#BTC