BTC/USDT 15m Chart Analysis: Falling Wedge Breakout

Current Scenario: After a sharp bearish drop, Bitcoin found strong support around the 80,416 level. Price action then entered a consolidation phase, forming a classic Falling Wedge pattern (indicated by the descending trendline connecting lower highs). Technical Breakdown: The Breakout: Price has successfully broken and closed above the descending resistance trendline.