🔴🟢 $BTC SIGNAL ALERT: Rising Wedge Forming – Bull Trap Ahead?
🚨 Bitcoin is forming a rising wedge on the 15-minute chart — a pattern that often signals potential trend exhaustion. After a solid rally, price action is tightening between higher highs and higher lows, a classic setup that may precede a sharp move, typically to the downside.
Currently, BTC is trading near $88,150, up 0.75% in the last 24 hours, with the recent local high at $88,850. A break below $87,000 could open the door to $86.3K or $85.5K.
However, if bulls regain control and push above $88,850 with volume, we could see a breakout toward $90K.
MA(7) and MA(25) are still above MA(99), showing the broader trend remains bullish for now — but fading volume suggests buyer fatigue.
Caution is key — this pattern could go either way. #TradingSignal #RisingWedge
