#MZ_Capital
$BTC — morning analysis! ⚔️
$BTC has also formed a descending wedge and is moving smoothly within it. 📉
Yesterday, a single candle cleared all liquidity from the 120K zone — and they did it beautifully!
The candle closed as a reversal inside the wedge, and the day ended above 121.5K.
Does this tell you something?
For me, it says a lot! 👀
On the 4H timeframe, there’s a clear bullish divergence on RSI. 🐂
1️⃣ Cleared all liquidity and bounced back above support.
2️⃣ The trend remains intact.
3️⃣ The end of the descending wedge for $BTC, just like $ETH, is expected Friday evening — right after the U.S. markets open.
Today, the bulls will try to reclaim the 123K zone.
My scenario: break above 123K, 4H candle close, then wedge retest, followed by a reverse pump — the scenario 2 will fully play out! 🚀
Key levels for today:
Support — 120K–121K
Resistance — 123K
Be the first to see the market analysis — straight from us on X @MZ_Capital
