$BTC is currently trading around $90,160, sitting right at the tip of a major falling wedge formation. The Wave 4 corrective phase appears to be wrapping up, and the price is compressing for a powerful move.
A solid breakout and close above $93,500 could ignite the next bullish leg of the cycle.
However, if the market rejects this level, we could see a sharper pullback toward the $84,000 demand region, which remains the key support that bulls absolutely must protect.
This is one of those high-stakes moments where hesitation can cost potential setups — the breakout level is the entire play.
Wave Count:
▪️ Nearing the final stage of Wave 4 consolidation
Key Levels:
▪️ Breakout confirmation: $93,500
▪️ Critical support zone: $84,000$ORCA
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BTC
87,120.01
-0.55%
