Bitcoin's resilience near the $60,000 support level has caught the attention of analysts, with prominent figures like Ali Martinez and Captain Faibik weighing in on potential price movements. Martinez's analysis indicates that if Bitcoin manages to reclaim $64,290 as support, it could pave the way for a rally towards $76,610. However, failure to do so might lead to a retest of support at $51,970. Meanwhile, Captain Faibik's observation of a Falling Wedge pattern on the daily chart suggests a period of consolidation, often preceding a bullish breakout. This pattern hints at a potential upside movement in the coming week, potentially reversing the recent downtrend and reigniting bullish sentiment in the market.
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