BTCUSDT Monthly Outlook

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BTCUSDT Monthly OutlookBitcoin / TetherUSBINANCE:BTCUSDTvf_investmenthi Traders, On the monthly time frame, BTCUSDT is forming a bearish rising wedge pattern, which typically signals that upside momentum is limited and a breakdown is likely sooner or later. While price action is still holding within the wedge, the structure suggests exhaustion on the higher end of the channel. The chart highlights a potential accumulation zone for long-term investors between $67,000 and $60,000. This range could serve as a strong buy zone in case of a deeper correction once the wedge breaks down, offering favorable risk-to-reward opportunities for strategic positioning. Until then, upside appears capped, and investors should be prepared for volatility as the market approaches the wedge’s apex. Are you buying now or waiting for lows?