May 3, 2026

BTCUSDT forming wedge pattern, wait for a breakout

BTCUSDT forming wedge pattern, wait for a breakout

BTCUSDT forming wedge pattern, wait for a breakout

BTCUSDT forming wedge pattern, wait for a breakout

Bitcoin / TetherUS BINANCE:BTCUSDT
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BTCUSDT forming wedge pattern, wait for a breakout

BTCUSDT
price is currently above support/resistance structure, and price is forming a wedge like structure, after a breakout if price holds above the structure, I expect the price to move higher towards next resistance.
In case, If price breaks and close below the support structure, then the bias will turn from bullish to bearish .

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*The content on this analysis is subject to change at any time without notice, and is provided for the sole purpose of assisting traders to make independent investment decisions.

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