Technical analysis by Consistent_Trades about Symbol BTC on 11/3/2025

Bitcoin (BTC) is currently trading within a rising wedge, which is a bearish pattern—but only if it breaks below the lower trendline. Crucially, we are currently trading below the 200-day Moving Average (MA), which is a very dangerous signal. If we break below the rising wedge's support line and confirm that breakdown, we could see a massive and fast drop in the BTC price. Hell could open up, with the price dropping to $85k in just a few days. We urgently need a bounce, and we need it now!