🚀 Bitcoin is teasing a breakout! Traders are buzzing as BTC forms a bullish wedge pattern, eyeing a juicy $85,000 target. Currently at $67,908, Bitcoin's up 2.61% since July 26.
- Pseudonymous trader Jelle sees a sharp move coming, with the first target set at $85K, a 25% increase.
- Critical levels: $69K to wipe out $929.65M in shorts.
- Emperor warns of resistance near $72K.
Speculation is high with Trump possibly announcing a Bitcoin reserve at the Bitcoin 2024 conference. Traders are holding off on shorts, fearing a price surge. Stay tuned! 🌟
Source: Jelle, Cointelegraph, CoinMarketCap