Alright! I have updated my falling wedge line a little bit for more accuracy.
As predicted in my previous idea post, we have found support at the bottom of the falling wedge and we have broke out of the falling wedge. But, I do see a slight correction to around 0.5 & 0.618 Fibonacci levels before another rally to 8.9k.
We might see a short-term climb for Bitcoin with the bullish divergence as seen on the chart. If we break out at the apex of the falling wedge, reversal is possible.