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📊 The market doesn't need to rise... it needs to restore confidence.
Technically, $BTC is moving inside a falling wedge, but what catches the attention is not the pattern itself, but the decline in sellers' strength as the price approaches the top of the wedge. This often precedes a volatility expansion move.
🔹 $61,000 is not just resistance; it is the level that buyers must reclaim to prove that the breakout is real and not just a liquidity trap.
🎯 Stability above it opens the path towards $63,500 → $66,000 → $68,000.
❌ As for a close below $57,800, it means the pattern has lost its validity, and the probability of visiting new lows becomes higher.
At this stage, following the price reaction is more important than predicting its direction.
BTCUSDT
$BTC