The price has broken out of the falling wedge pattern and is now gradually approaching the resistance area. If the price is able to break the resistance, we could see a continuation of the upward movement. Currently, this is not a trading zone, so it's better to wait for a while.
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$BTC Bitcoin is currently trading around a support level, and on lower time frames, we are observing the formation of a rising wedge pattern. The rising wedge is generally considered a bearish signal, indicating that a downward breakout is likely. We may see a significant price movement soon, so it’s important to be prepared.
$BTC faced another rejection at resistance and continues to move sideways. With key news on the horizon, a breakout could come soon. Today's daily close will be crucial for confirmation.
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