BTC/USD Technical Outlook | Falling Wedge Recovery Under ObservaBitcoin / U.S. dollarBITSTAMP:BTCUSDMrgoldtrade2Bitcoin is attempting to recover after completing a decline inside a falling wedge pattern. The highlighted demand zone has provided an initial reaction, suggesting that buyers are defending an important technical area. The projected movement represents one possible scenario in which price gradually advances toward the highlighted resistance zones. A sustained move above 64,000 would strengthen the short-term technical picture and expose 64,600, while continued momentum could allow price to revisit the 65,200 region. If support fails to hold, the lower demand area may become the next technical region to monitor before any renewed recovery. This analysis is based entirely on chart structure and is shared for educational purposes. Important Levels Resistance 63,900–64,000 64,600 65,200 Support 63,500–63,600 62,600 62,300 Potential Technical Objectives Target 1: 64,000 Target 2: 64,600 Target 3: 65,200