2026-01-19 15:41:26

Daily potential bullish wedge for Bitcoin? - Target zone 74/76k

I noticed something on the $BTC chart, and it is still developing, but I can't help but talk about it.
First — it is the liquidity grab above the 94k zone and the immediate recovery below it (regardless of the news, what's important is what the price ) has done.

Secondly, since the lows at 85K, #Bitcoin a potential Bullish Wedge has formed.

We still need a confirmed breakout and continuation below 90k, but if that happens, a target at 74k/76k will open, and the invalidation point is above the daily close of 97k.

Open to legitimate discussions in the comments below 🫡

BTC-3.04%

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MisterSpread

2026-01-19 14:29:18

Bitcoin Daily Potential Rising Wedge? - Target 74/76k area

There is something I've spotted on the $BTC chart, and is still developing but I can't not talk about it.
First thing is the liquidity grab above 94k area and the immediate retrace under it (regardless what were the news, it's important what price did).

Second, since the lows at 85K, #Bitcoin printed a potential Rising Wedge.

We still need a confirmed break and continuation under 90k area, but if that happens, it will open up the target at 74k/76k and invalidation comes above 97k daily close.

Open to legit debates in the comments below 🫡

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