The Bitcoin market is buzzing with renewed momentum as the first week of 2026 kicks off. In a decisive technical breakout, the King of Crypto has finally pushed above a six-week descending wedge — a stubborn bearish structure that capped price action since late last year.
📈 Why this matters:
A descending wedge breakout often signals trend reversal
The breakout comes with rising volume, strengthening confirmation
On-chain data shows whales actively accumulating, not distributing
🐋 Smart Money in Control Large holders have been steadily adding BTC during consolidation, suggesting confidence in higher prices ahead. This accumulation phase appears to have fueled the breakout, shifting momentum back in favor of the bulls.
🎯 What’s Next? With the wedge invalidated, Bitcoin now eyes the $95,000 zone as the next major technical target. If price holds above the breakout level, dips may continue to be bought aggressively.
⚠️ As always, volatility remains part of the game — but structurally, Bitcoin has just sent one of its strongest bullish signals in weeks.
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