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Bitcoin Approaches Key Resistance Within Rising Wedge
$BTC
Current Price: $99,359.99 (+2.51%)
Bitcoin continues to move confidently within an upward-sloping wedge—a pattern often associated with bullish continuation, yet one that also signals potential exhaustion if momentum weakens.
This wedge has emerged following a strong impulse move, backed by a well-established demand zone. Multiple bullish pushes from this level and consistent support have reinforced the current uptrend, placing bulls firmly in control.
Following a breakout above the previous resistance and a clean ret