Zooming out to the 4 hour, and drawing the falling wedge would indicate a potential now to retrace and retest the wedge. Should this bounce with volume, 61k BTC is not out of the question.
Now with that said, momma always told me not to try catching a falling knife. Especially a pizza knife. Those circular things can really do some damage if handled incorrectly.
The risk-reward setup to the savvy trader would indicate a great potential to buy, with a willingness to take a minimal stop.
Good luck friends, see you at The Falling Wedge Pizzeria. 🍕