Bitcoin — Potential Drop Ahead? 👀💥

Bitcoin has been dancing within a wedge pattern since its recent recovery from the last sell-off. This formation is often seen as a bearish continuation signal, and Thursday's failed breakout attempt at the top adds weight to that idea.

Right now, Bitcoin is moving sideways on the 4-hour chart, inching closer to the bottom of the pennant. If it breaks through that lower trend line, we might see another dip, with the first target around the $57k mark.

But here's the twist: Pennant patterns aren't always reliable, and with the current bullish momentum, Bitcoin might just defy expectations and hold strong. Traders should keep a close eye on that lower trend line—it could be the key to the next big move.

Stay alert and ready! 🚨

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