BTCUSDTBitcoin / USDTMEXC:BTCUSDTHAMED_AZHello Traders! 👋 What are your thoughts on Bitcoin ? On the daily timeframe, Bitcoin has entered a consolidation phase after a bullish rally, forming a clear Rising Wedge pattern. Classically, this structure indicates a gradual exhaustion of buying momentum at higher levels, signaling a potential trend reversal or a deep correction. Price is approaching a critical resistance cluster between $82,000 and $84,000. This red supply box aligns perfectly with the 0.618 Fibonacci retracement level, creating a significant technical and psychological barrier. Based on the current price action, we expect one final push toward the pattern's ceiling near $83,000. Upon reaching this liquidity-rich zone, a strong reaction from sellers is anticipated, likely triggering the start of a corrective phase. We are approaching a major decision point for Bitcoin. Given the overbought conditions and the wedge structure, opening new Long positions at the top of this pattern offers a poor risk-to-reward ratio. We remain patient, looking for confirmed reversal signals within the supply zone before considering the next move. Feel free to like and share your thoughts in the comments! ❤️