According to @rovercrc, BTC is forming a falling wedge pattern on the Bitcoin chart, highlighting a contracting downtrend that traders often monitor for a breakout setup. source: @rovercrc on X, Sep 4, 2025 Technical analysis references classify a falling wedge as a bullish-leaning chart pattern that frequently resolves higher, especially when volume declines during formation. source: CMT Association; Thomas Bulkowski, Encyclopedia of Chart Patterns A common trading approach is to wait for a confirmed breakout via a close above the wedge’s upper trendline with expanding volume, while placing invalidation below the recent wedge low to manage risk. source: Edwards and Magee, Technical Analysis of Stock Trends; Thomas Bulkowski, ThePatternSite Upside objectives are often estimated by projecting the wedge’s initial height from the breakout level, and traders watch for post-breakout retests of the broken trendline for confirmation. source: Edwards and Magee, Technical Analysis of Stock Trends; Thomas Bulkowski, ThePatternSite