Bitcoin's price has been stuck in a tight range for weeks, but a new trend is emerging. A rising wedge pattern has formed, indicating a potential breakout to the upside. Key resistance lies around $12,500, while support is found at $11,500. A break above the wedge could signal a return to all-time highs.

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Interesting development! A rising wedge pattern can be a strong indication of a impending breakout. Will we see a push to all-time highs or is this just a false signal? Exciting times ahead for Bitcoin traders!