$BTC 30mins Chart Analysis

BTCUSD



A classic Falling Wedge pattern just broke out on the 30mins timeframe, signaling a potential short-term bullish reversal for #Bitcoin.


🔻 Pattern: Falling Wedge
📍 Support held firm near $116,128
📍 Breakout confirmation above $118,500


🟢 Bullish Confirmation:
A sustained hold above $118.6K could trigger bullish continuation
⚠️ Watching $117.7K as retest zone for dip entries

🔴 Invalidation Zone:
Break below $116.1K invalidates wedge breakout

Next Targets (if breakout holds): $119.3K, $120.2K, $121.5K+ (extension)

🛑 STOPLOSS : $116.1K