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by: xpoolPosted on: August 23, 2025

Bitcoin Consolidates in Falling Wedge, $119,484 Measured Move Projection Emerges

Bitcoin’s price is currently consolidating within a falling wedge pattern on the one-hour chart. The formation suggests potential breakout targets between $118,000 and $119,484, according to analyst predictions. This development follows recent gains fueled by Fed Chair Powell’s rate cut signal.

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