$BTC Rising Wedge Breakout.

We were expecting a breakout as the rising wedge is usually a bearish pattern. However, BTC has broken out and we may see a false breakout. Let's watch what happens next.

Currently, BTC has reached a horizontal resistance area. Long positions remain risky as long as BTC remains below this resistance. If BTC manages to break this horizontal resistance, the rising wedge will be invalidated.

Manage your risk accordingly and be vigilant for potential reversals or continuations.

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