Bitcoin
Short

Bearish Rising Wedge Pattern Observed on BTC/USD

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Bearish Rising Wedge Pattern Observed on BTC/USD (30m Chart)

A clear rising wedge has formed, and price action has broken down from the pattern, suggesting a potential short opportunity. Entry is around 118,300 with a stop out near 119,500 and a target point around 115,000.0. This setup follows standard risk management principles.

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