👀 Rising wedge forming on the 1H #Bitcoin chart. Seeing potential for a dip. Placed 2 buy orders at €59k and €56k. Let's see if this #trading pattern plays out! 
Discussion
The #Bitcoin price dipped as expected. The lowest point reached during this correction was €59,250, which formed a new support level that is in line with the lower trendline of the newly established parallel channel. 
#Bitcoin has tested its previous ATH of €59K. €56K may still be in sight 🧡
The rising wedge pattern played out perfectly, with #Bitcoin dipping down to the target price of €56k before rebounding.