Bitcoin (BTC) Price Watch: Imminent Rising Wedge Breakout

Bitcoin Price Key HighlightsBitcoin price has formed higher lows and slightly higher highs to create a rising wedge on its 1-hour chart.
Price is bouncing off resistance and might be due for another test of support.
Bitcoin price is also nearing the peak of the formation so a breakout might happen soon.Bitcoin price might be gearing up for a break from its rising wedge pattern, but technical indicators are giving mixed signals.
Technical Indicators Signals
The 100 SMA is above the longer-term 20