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Bullish Rising Triangle Pattern in Bitcoin: What Follows

An Rising triangle cryptocurrency pattern is a bullish continuation pattern - This is a market signal that shows the present bitcoin trend is taking a pause before resuming the current and present up-ward direction of the market price bitcoin crypto.

If the Rising triangle pattern that shows things will keep going up appears, it means the btcusd market is stopping for a short time before the current upward trend starts again. The Rising triangle pattern in an upward bitcoin trend is known as a rising wedge, which means the bitcoin price is holding steady but still inching upward, making a chart pattern that looks like a rising wedge. Bitcoin traders should wait to be sure the Rising triangle setup is real before making a trade based on this pattern that shows things will likely continue upward. Once the bitcoin price breaks out to the upside, the Rising triangle pattern is confirmed, and bitcoin prices will then keep moving in the direction of the current upward market trend.

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