Bitcoin is poised for a significant move as it breaks out of a falling wedge pattern, signaling a potential rally toward new highs. Analysis reveals bullish momentum and support levels that could trigger a breakout event. The current price action suggests a shift from a pullback to an impulsive bullish trend, according to expert insights. 1. The daily chart shows a clear signal. A confirmed break above the upper line of the descending broadening wedge could ignite a major move for #BTC. 2. The Fibonacci retracement level and 0.618 level have held as support, indicating an area where price could bounce back. 3. Technical indicators are further validating this bullish trend. RSI has bounced off a neutral zone, hinting at recovery and momentum turning upward. 4. Short-term signals on the 1-hour chart indicate another strong rally, despite some caution due to a rising wedge pattern. However, buyers remain in control, as seen by higher highs and lows. A slight pullback toward $84,000 is expected before a new surge. 5. The $80,000 support level will be closely watched. Holding above this level would confirm a full-blown bullish rally, while a break below could suggest a temporary correction before resuming upward momentum.