$BTC has officially broken below the rising-wedge support, confirming the bearish structure we mapped out earlier. The rejection at the upper trendline followed by a clean candle close beneath support signals momentum shifting to the downside.
With the wedge now invalidated, price is tracking the downside targets opened by the breakdown: 92,200 → 91,400 → 90,800. As long as #BITCOIN stays below the broken trendline, sellers maintain the advantage
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#Bitcoin broke down from the rising wedge pattern; the $92.2K target was successfully completed.
$91.4K target is on its way to being hit.
With the wedge now invalidated, price is tracking the downside targets opened by the breakdown: 92,200 → 91,400 → 90,800. As long as #BITCOIN stays below the broken trendline, sellers maintain the advantage
#BitcoinPriceWatch