$BTC Breaking Out Of The Rising Wedge Pattern.
We Were Anticipating A Breakdown, As The Rising Wedge Is Generally A Bearish Pattern. However, BTC Has Broken Out, And We Could Be Seeing A Fakeout. Let’s Keep An Eye On What Happens Next.
Currently, BTC Has Reached A Horizontal Resistance Area. Long Positions Remain Risky As Long As BTC Stays Below This Resistance. If BTC Manages To Break Through This Horizontal Resistance, The Rising Wedge Pattern Will Be Invalidated.
Manage Your Risk Accordingly And Stay Alert For Potential Reversals Or Continuations.