Probability o Rising Wedge

BTCUSDT BTC/USDT is currently "forming a rising wedge pattern", which could indicate a continuation of the downtrend. Since the last peak at $110,000, Bitcoin has been experiencing a decline.

At the moment, BTCUSDT BTC/USDT is highly volatile, with daily price swings of up to 10%. This volatility increases the likelihood of fake breakouts and rapid reversals, especially due to external factors like news.