Technical analysis by vs_sayin about Symbol BTC: Sell recommendation (4/13/2025)

Bitcoin has formed a rising wedge pattern, typically considered a bearish reversal structure, suggesting a potential retracement ahead.Watch for a possible breakdown around the $83,800 level. If this level is breached, price may head toward the $79,000–$80,000 zone, where stronger buying interest is expected.This potential move also aligns well with key Fibonacci retracement levels, providing confluence for the setup.Furthermore, the Bitcoin CME Futures chart supports this scenario — a large gap is expected to open tomorrow, and historically, Bitcoin tends to fill CME gaps in the short term.— Thanks for reading.