$BTC is forming a rising wedge right into the key Fib zone. Volume is declining, momentum is converging, and liquidity is shifting. Bitcoin has broken out of the mini-range and might be forming a rising wedge. Base case remains a top in the $69K–$72K area (0.5–0.618 Fib). Key mixed signals right now: • Volume drying up into the wedge (weakening participation) • RSI showing converging-rising momentum after divergence on the daily → underlying strength • Liquidation map: upside liquidity is getting dried up, while it is building up below current price The thinning liquidity overhead can reduce the fuel for a sustained squeeze higher, while the buildup below increases the risk of a sharper move lower if the wedge rejects. Are you leaning toward rejection, or does the momentum convergence after a bullish divergence make you favor a break higher?
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