🟢BTC - Falling Wedge in Rising Channel

Oct 6, 2023

"As you can see, Bitcoin is in a rising channel on the 4-hour timeframe, and now we can observe a Falling Wedge pattern. As you know, the Falling Wedge pattern is one of the bullish classic patterns that can push the price higher towards the top of the channel. However, don't forget that eventually, the rising pattern must break from the bottom of the channel, and the falling channel must break from the top. So, please pay attention to risk management.