Playing around with the short time frame and I think BTC is about to form an inverse head and shoulder pattern by falling all the way to $54,000 and most likely a quick move towards $67,000. $54,000 happens to be the 61.8% retracement zone for the move from $51,000. This idea gets invalidate if price breaks and retests $59,000
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.