Technical analysis by alfi77111 about Symbol BTC on 7/29/2025

Price capped in a wedge in Daily time frame. There was a fake break from the bottom of this wedge last week and sharply got back to the top of it! Now : break and confirm above 120 K in Daily would make the market BULLISH break and confirm under 116.5 K in Daily would make the market BEARISH. other wise market is still in a range mode...As I said in this idea , right now because of last day candle close under 116,500 $ , it seems that for now on we should have DOWNTREND on bitcoin chart.