I was so feeling like this H&S will breatout down and about publish this chart around an hour ago but thought lets not! But now as we can see it is here so lets face it!
Every thing is in chart This might take some time to develope
This level looks more important to me as there are many supports and resistances in past and recent ! Lets see who wins this war Bull or Bear !
The 61% is holding strong support over the time and most likely to bounce back from this and might play in those fork lines for few month before attempting next ATH This might trigger something in experts doing TAs. Casual share !
The most healthy correction is underway and could last a few weeks more. 8K is more possible and if support @ 50% is strong then we can see upword trend very soon.
There are bright chances BTC will take of from the next neckline reach. Lets hope market get back on track very soon