BTC - Nearing Bottom of WedgeBitcoin / TetherUSBINANCE:BTCUSDTVIAQUANTHere is an update on my last post: As outlined previously, bulls needed to hold the lower green trendline which they did, defending it around $67,400 and pushing price back up to $72k. However, sellers once again overwhelmed buyers in that zone. I have now marked that region with a red box to highlight the confluence of middle resistance within the current range. Once the Point of Control on the VPVR was lost, price fell back toward the lower support of the range. On the lower timeframe, price is attempting to form a micro double bottom around the $69k level, with 4H candles trying to hold the $69,300 level as support. Most importantly, the lower green trendline remains the critical level to watch. If that trendline is lost, the next major leg to the downside will begin. No confirmation yet, but I wanted to get this update out so you can monitor how price action continues to interact with these key levels.