Possible bearish rising wedge on 1H chart

Could we be seeing a possible bearish rising wedge formation?
I think we will see a continuation of the downward correction after this consolidation phase and possible relief rally.
RSI's are heading to more neutral grounds also.

What is your opinion on the BAKKT launch news?
I personally believe this news has been locked in BTC's price long ago..

Nice weekend and happy trading!
Chart Patterns

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