๐จ $BTC โ Monthly Close + Multi-Structure Setup
โ Broke out from Cup & Handle, but now gliding inside a Rising Wedge on the higher timeframes ๐
๐๏ธ Monthly candle closing soon:
โข This monthโs range: Support $78K | Resistance $114K
โข Hit $112K high โ just shy of ATH ๐
๐ Next monthโs structure:
โข Resistance: $115.7K
โข Support: $82K
๐ Unless $BTC breaks the wedge pattern, range continuesโฆ
โ ๏ธ Reminder: The previous Rising Wedge broke down hard.
But with stronger news flow and bullish narratives this time, will it play out differently? ๐ค
๐ On weekly timeframe, price is still within the ascending channel โ no structure violation yet โ
#BTC #RisingWedge #CryptoMomentum