The #Bitcoin chart indicates that the price is nearing a potential breakout above the resistance line, which is currently around $62.7K. To confirm a breakout from this potentially significant falling wedge pattern on the daily timeframe, we need to see a solid daily candle close above that resistance. Ideally, this close should be above a previous high, such as the candle close around $64.2K. If we manage to break above $62,700 with a candle close above that level, then we can start to feel much more confident that we're actually transitioning towards a more bullish trend in the short term. In case you're wondering, the support line for this wedge is also around $57.5K and 100EMA as support as well.