BTCUSD Rising Wedge Breakdown Setup – 63,800 in FocusBitcoin / U.S. dollarBITSTAMP:BTCUSDSamiraa_BTCUSD is showing signs of weakness after being rejected from a major resistance zone aligned with the descending trendline. Price is now compressing near the lower boundary of the Rising Wedge, increasing the probability of a bearish breakdown. I expect a decisive break below the wedge, followed by a possible retest of the broken support as new resistance. If that retest fails and sellers remain in control, BTCUSD could extend lower toward 63,800, the nearest logical support target within the current structure. The bearish setup still requires confirmation. A sustained move above the resistance area around 65,000 would weaken the breakdown scenario and suggest that buyers are regaining control. No breakdown, no trade. Trade safely!