Since the 21st of Feb when BTC fell from the top of the ascending channel its been a little turbulent. The last few days pushing it towards the lower channel in a long term ascending parallel track. Looking on the 4hr time frame the latest down trend looks to have formed a bull flag with the flag pole starting from the bottom of the channel on the 28th feb. Adding the height to the bottom around $53100 places nicely back at the top of the channel with a target of just over $70000. Hopefully the next few days once the CME options expire and with a new financial year starting for most in early April will lead to a continuation of the Bull run for BTC.
Not financial advice, still relatively new to chart analysis but saw a potential pattern that explains the correction