The post Bitcoin Eyes $100K Resistance in Descending Broadening Wedge Amid Improving Sentiment appeared on BitcoinEthereumNews.com.

Bitcoin is currently trading within a Descending Broadening Wedge pattern on the 4-hour chart, signaling potential volatility as it approaches the $100,000 resistance level. Strong buyer demand at the lower boundary has driven a rebound, positioning BTC near $91,656 with optimism for a December rally fueled by rate-cut expectations. Bitcoin’s price is rebounding inside a Descending Broadening Wedge, targeting the key $100,000 resistance amid expanding volatility. The pattern features lower highs and steady lower lows, with buyers maintaining control after a sharp bounce from the base. Anticipated Federal Reserve rate cuts in December, as noted by J.P. Morgan and Goldman Sachs, are boosting market sentiment, with BTC up above $90,000 this week. Bitcoin Descending Broadening Wedge analysis reveals a path to $100K resistance. Explore how this pattern and rate-cut hopes could spark a rally. Stay informed on BTC trends today. What is Bitcoin’s Descending Broadening Wedge Pattern Signaling? Bitcoin’s Descending Broadening Wedge is a technical formation on the 4-hour chart that indicates increasing volatility while prices trend lower overall, with the potential for a bullish breakout. Formed from mid-October to late November 2025, the pattern shows a series of lower highs along the upper trendline and consistent lower lows at the base, reflecting seller pressure but also building buyer interest. At the time of writing, Bitcoin was trading at $91,656, having rebounded strongly from the wedge’s lower boundary, positioning it for a test of higher resistance levels. How is Strong Demand Supporting Bitcoin’s Recovery in This Pattern? The Descending Broadening Wedge has demonstrated robust demand near its lower boundary, where Bitcoin experienced a sharp drop during the third week of November 2025 before initiating a recovery. Analysis by Captain Faibik highlights that this rebound created higher lows within the structure, allowing buyers to regain control and push prices toward the…

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Filed under: News - @ November 28, 2025 8:19 am