Technical analysis by SpecuVisionary about Symbol BTC on 8/29/2025

Price action confirmed a bearish setup: Rising Wedge formed through June–July, showing slowing momentum. Double Top near 124K added further reversal pressure. Breakdown below wedge support + neckline confirms sellers in control. 📉 Key levels to watch: First downside target zone: 100K–98K If momentum continues, extended target: 82K–80K ⚠️ Reclaiming 115K–116K would invalidate this bearish structure and suggest potential recovery.