Recently, I noticed an interesting pattern on the BTC chart that many traders tend to overlook. It's about the bullish wedge — one of the most reliable formations in technical analysis. Generally, when you see the price start to narrow in an upward direction, with the upper and lower trend lines converging upwards, it's usually not just a coincidence.

The essence is that a bullish wedge indicates a moment when buyers are losing momentum, but sellers are weakening even faster. Volume decreases, candlestick ranges shrink, and this pattern seems to be building energy for the next move. It’s clear that the market is preparing for something significant.

When the price breaks above the upper boundary of this wedge, a sharp rise typically follows. Market participants perceive such a breakout as a signal, and buying activity intensifies. An important point is that the breakout should be accompanied by a surge in volume, which strengthens the signal.

In practice, I look for exactly this sequence: first, I make sure that a bullish wedge with an upward slope is forming. Then, I wait for a confident breakout of the upper line — I should enter a position only after this, not earlier. I place a stop-loss below the last minimum inside the wedge to keep the risk manageable.

A bullish wedge is one of those patterns that work quite often when applied correctly. If you see such a formation on the BTC chart, it’s worth paying attention. There are many interesting movements on the charts right now, and these patterns help better understand what might happen next.