Bitcoin Rising Wedge Update: The Collapse Begins 12/10/2025 11:00 PM EST 😬📉🔥😂
After the rising wedge formed on 12/3/2025, Bitlender said it would continue trading inside the wedge all this week and maybe into next week. However, after making a high at $94,500 earlier today at the top trendline, the price has collapsed, falling to the bottom trendline of the wedge at $89,418 — over a $5,000 drop in the last 8 hours! 😱📉🔥
It is now trading at a critical level because rising wedges are usually bearish, and if it breaks below the trendline, we could see it falling lower! 😬💥🐻
By Bitlender, Investigative Blogger/Technical Analyst
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Bitcoin Rising Wedge On The 4H Chart: Breakdown Or Bounce? 😅📉📈
The Market’s About To Do Something Stupid… Again 😂🤑🔥
Bitcoin is squeezing inside a rising wedge on the 4H chart, and this thing looks tighter than your aunt Delila’s pair of jeans after Thanksgiving dinner, and thats scary to see trust me 😂👖🦃.
With BTC hovering around $88,974 (down -3.39% on Dec 5, 2025), the pattern is screaming, “I’m about to break… one way or another!” 😭📉💥
The wedge’s upper trendline connects the highs at $95,150 and $94,087, while the lower trendline grinds up from $89,029 toward $86,326.
Volume is fading faster than your ex’s excuses 😭📉, the OBV is pointed down, RSI is chilling at 42, and the MACD histogram is sitting at -64, looking like it already gave up on life 😂☠️.
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Breakdown Scenario (Bearish – 65% Probability) 😬📉💣
If Bitcoin loses the $88,000 lower trendline, the rising wedge does what rising wedges do best: dumps like a toddler after eating too much candy 🍬🤢.
The measured move is around $8,000, sending BTC toward:
• $82,000–$83,000 😵📉 (First stop, Fib 0.5)
• $80,000 😭💥 (Measured wedge target)
• $74,000–$76,000 😬🔥 (If DXY acts like a jerk again)
Trigger: A close under $88,000 with volume over $50B.
Stop: $89,500.
Risk/Reward: 1:3 🎯🔥.
If BTC breaks this level, expect Twitter to melt, YouTubers to panic, and bears to come crawling out like they’ve been correct the whole time 😂🐻📉.
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Bullish Hold/Breakout Scenario (35% Probability) 🚀😎🔥
If Bitcoin somehow holds $86,326, the wedge invalidates and becomes a bullish fake-out — aka the “Haha made you short” pattern 😭😂🔄.
Upside targets look like:
• $92,000–$93,000 😎📈
• $94,000–$96,000 🚀🔥
• $100,000–$102,000 🎉💥 (ETF bros come in with wallets blazing)
Trigger: Close above $90,400 + RSI crossing 50.
Stop: $87,000.
Risk/Reward: 1:2.5 💰🔥.
If ETF inflows hit over $200M, BTC might moonwalk into six figures like it owns the place 🌕🕺💸.
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Key Levels And Indicators (4H Chart) 🧠📊🔥
• $95,150 – Tough resistance
• $91,029 – EMA 50 (Bitcoin’s emotional support level 😂)
• $89,029 – Heavy volume pivot
• $88,000 – Breakdown trigger 🚨
• $86,326 – Critical support (lose this = NOPE 😭)
RSI: 42 — could bounce or go full depression mode 😩📉
MACD: Still bearish, but flattening 🤏🐂
Volume: Weak as a decaf coffee ☕️💀
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Updated Chart Analysis From Today’s Drop 📉😬🔥
Based on your new screenshots:
🔥 Bitcoin hit the exact same upper trendline Bitlender warned about last week at $94,087–$94,500 and instantly got smacked back down like it owed the market money 😂👋💥.
🔥 The blue downtrend resistance from November is still active, and price once again failed to break it.
This confirms a triple rejection — never a good sign inside a rising wedge 😬📉.
🔥 The stochastic indicator is overbought again on the 4H (72.87), curling down — a classic dump setup 😭📉📉.
🔥 RSI is forming lower highs despite price trying to push higher, which is pure bearish divergence 💀📉.
🔥 The new support levels at $85,900, $85,000, and $84,200 line up perfectly with the wedge breakdown zone.
If price slices below $88,000 and especially $86,326, gravity will take over 🪂😂📉.
🔥 The liquidity pools you marked at $82K and $80K are now fully unlocked, and traders are targeting them like Black Friday deals 🛒💥😂.
🔥 The rising wedge is fully intact and squeezing tighter, confirming that Bitlender’s call from last week is still playing out EXACTLY as forecast.
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Takeaway 💡🔥
If $88K fails, Bitcoin likely slides to $80K and maybe even back to $74K.
Bears will celebrate like it’s Christmas 🎄📉😂.
If $86,326 holds, BTC could shoot upward to $92K and possibly $100K, leaving shorts crying in the shower 🛁😭😂.
This wedge is ready to pop — one way or another.
Stay sharp, stay hedged, and keep your seatbelt buckled.
This is Bitcoin… chaos is the brand 😂🚀🔥.
