Aksel Kibar Flags a Bitcoin "Rising Wedge" Trap, Sees $60,000 as Next Support

Market analyst Aksel Kibar says Bitcoin's rebound may be a technical trap within a broader downtrend, after BTC failed to hold last year's highs near $127,000. With price around $69,200 and below the 365-day moving average, he warns a "rising wedge" breakdown could send BTC toward $60,000, and potentially into a $52,000-$48,000 zone.