April 12, 2026

Rising Wedge and Bull Trap on Bitcoin chart

Rising Wedge and Bull Trap on Bitcoin chart

Rising Wedge and Bull Trap on Bitcoin chart

Rising Wedge and Bull Trap on Bitcoin chart

Bitcoin / U.S. dollar BITSTAMP:BTCUSD
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Rising Wedge and Bull Trap on Bitcoin chart

Rising Wedge pattern on Bitcoin chart.
While price was going up, volume was going down.
So, price action could be printing a bull trap.
The support already broke down once in the Asian session.
You might open a short position.

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