BTC is forming a rising wedge pattern, near 2021 all-time high, with $85,000 price target next! 🚀

- Anonymous trader Jelle: "BTC is creating a bearish widening wedge pattern, often seen as a reversal pattern."

- Current price: $67,908, up 2.61% from July 26 (CoinMarketCap).

- First target: $85,000, up about 25% from the high of $73,679.

- Next important level: $69,000, clearing $929.65 million short positions (CoinGlass).

Trader Emperor: "We remain in a larger range, could see resistance near $72,000."

Related news: BTC has largely recovered since July 25, waiting for Trump's event at the Bitcoin 2024 conference in Nashville.

CEO Markus Thielen: "No one wants to short BTC over the weekend, expecting Trump to announce BTC strategic reserve plan."

Your opinion? Comment below! 💬#Bitcoin#Crypto#Blockchain#Finance #Tech