Bitcoin (BTC) is currently showing a falling wedge pattern on the 6-hour timeframe.

This pattern often signals an upcoming breakout, which could be to the upside or downside. Here are the key points to watch:

1. Breakout Confirmation: If Bitcoin breaks out and closes above the upper trendline of the wedge, it will be a bullish sign that could drive prices up to the $66,000-67,000 area.

2. Breakout Rejection: If Bitcoin fails to break out of the upper trendline and falls back below the wedge, it could test support around $60,000 again.

3. Future Outlook: The weekly candle close will provide more insights and confirmation for future price action.

Keeping an eye on these key levels and confirmation signals will help to better grasp Bitcoin's future price action.

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