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Bitcoin (BTC) Eyes Record High Above $126K With 'Bullish Wedge'

Bitcoin (BTC) is currently forming a bullish falling wedge pattern after a price drop from $126,000 to $106,000. This technical formation suggests a potential rebound towards the previous high of $126,000, and possibly beyond. Traders are advised to monitor the critical support level at $100,000, as falling below this could lead to a deeper correction towards $90,000. The falling wedge indicates that selling pressure is easing, which may set the stage for renewed buying interest. If Bitcoin's price surpasses the upper boundary of the wedge, estimated between $106,000 and $107,000, it could confirm a bullish breakout, driven by recovering market sentiment.

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BONK Declines 5% to $0.00001223 as Resistance Holds and Volume Surges 48%

BONK fell 5% to $0.00001223 after failing to break significant resistance around $0.0000130. Trading volume surged nearly 50% above the daily average during this pullback, with volume reaching 813.46 billion tokens. The decline followed a brief rally attempt that was reversed under heavy trading activity, confirming resistance

BONK Falls 5% to $0.00001223 After Rejection at Key Resistance

BONK declined 5% to $0.00001223 after failing to breach resistance near $0.0000130, accompanied by a trading volume spike of 48% above the daily average during the pullback. The price tested support at $0.00001223 following a brief rally attempt that was quickly reversed amid increased trading activity. Technical

BONK Declines 5% to $0.00001223 as Resistance Holds and Volume Surges 48%

BONK fell 5% to $0.00001223 after failing to break through resistance at $0.0000130, with trading volume increasing by almost 50% during the pullback. This decrease followed a brief rally which was quickly reversed by a surge in trading activity. The volume peaked at 813.46 billion tokens, confirming