BTC Consolodation then Potential Breakdown

Bitcoin / TetherUS PERPETUAL FUTURES BINANCE:BTCUSDTPERP

DEFI-nite

~ Since BTC breakdown on its trenline support and currently on a consolidation phase this can form a Head & Shoulder pattern and soon a potential breakdown
~ Once 38,500 support line was broken this can potentially go down to it’s next support at 35,000 which is it’s previous support
~ Also this can be affected by FED hike interest rates to fight inflation on March 15-16

~ What are your thoughts?

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