Bitcoin - Is a topping formation developing?Bitcoin / TetherUSBINANCE:BTCUSDTDukesMarketAnalysisWedge breakdown Price has slipped below the rising wedge structure → often a sign of momentum slowing rather than immediate reversal Highs under pressure Rejection near ~$79.4k raises the possibility of a double top → buyers struggling to extend higher Support now in focus ~$76.9k acting as immediate support → key area to determine if this is consolidation or something more Momentum shift RSI bearish divergence now followed by a move below 50 → loss of upside strength Lower levels to watch ~$73.7k key support with 200 EMA confluence, then ~$70.5k below What matters now Hold support = consolidation within trend Break lower = strengthens topping scenario In Summary Bitcoin is showing early signs that a potential topping formation may be developing, following a rejection near $79.4k and a breakdown from a rising wedge. Momentum has weakened, with RSI moving below 50 after bearish divergence. Price is now testing support around $76.9k, which will be key in determining whether this is a pause or a broader shift. While short-term risks are present, I continue to be bullish for Bitcoin in the long-term.