#Bitcoin is consolidating in a “Falling Wedge Formation” on the 4-hour chart and was recently rejected at price formation resistance. Additionally, the Ichimoku cloud acts as resistance above the formation. An upward break of the wedge resistance can be considered as bullish confirmation. On the contrary, if the#BTCprice breaks the wedge support downwards, the formation will be invalidated and a new pullback may occur. Support: $63500 Resistance: $65500