Technical analysis by bunnytheCT about Symbol BTC on 3/26/2025
https://sahmeto.com/message/3375322

Bitcoin recently broken down the Rising wedge pattern in lower timeframe which is a bearish sign that usually means it will keep going down. But, it might not!It can be a fakeout: Incase if the price goes back up and managed to break the Horizontal resistance, then the earlier breakdown was probably fake, and the price might go up.Or it might really go down: If the price keeps falling, it could form a Double top pattern which is another bearish pattern.So, we need to wait and see what happens, It could go either way.
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Signal Type: Neutral
Time Frame:
30 minutesPrice at Publish Time:
$87,792.5