🚀 BTC MAY BE REVERSING FROM THE LOWER WEDGE SUPPORT
Support: 76.4K – 76.8K
Resistance: 79.0K – 79.3K
Target: 79.0K – 79.3K
$BTC is pressing into the lower side of a broad descending wedge after a heavy selloff from the recent highs. The current reaction area looks important, and the latest bounce attempt keeps the short-term recovery scenario alive.
As long as buyers defend 76.4K–76.8K, BTC may rotate higher toward the 79.0K–79.3K resistance zone near the upper wedge boundary. A clean loss of support would weaken this bullish setup quickly and open the door to another flush lower before any real rebound. 🔥
Do you see BTC reclaiming the upper wedge from here, or does this setup still need one more sweep lower first?