Key Similarities:
– Head and Shoulders Breakdowns
– Re-test of H&S Neckline (previous support turned resistance)
– Hard Drop when neckline was broken

Currently:
– Currently BTC finds itself in the re-test of the neckline phase, which can be
seen as also forming a rising wedge of sorts.

Not predicting what’s going to happen, just sharing one of my observations and ideas with you all to start some friendly convo and idea sharing going. My bias is bearish , and I have been short since $46.9k

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