Fractal , it seems BTC repeating last month breakout behavior

Fractal regeneration in process:
A double top then a big bear flag then a deep down spike and some bottoming and finally a break out, it is the thing that can be seen on process led to big breakout from 6500 to 7500 last month:

This pattern repeated three or four times from ATH (plz check a daily chart to see three of them) but the difference for the one on last month is that the deep spike led to a bottoming and consolidation process and then a breakout. The current fractal is similar to last month fractal and a big difference of current one with all those previous fractals were sequentially lower and lower than previous ones in a row except this current one that is higher than the last one; this could be a sign of change in trend in general.

Comment:

This fractal is still in play, for a conclusion it must continue its bottoming process, if we refer to last month fractal this bottoming should take some time, may be days.
Market observation reveal these:
-Among traders there is no talk of extreme downward moves, unlike one month ago.
-Even neutral or bulls mostly wish for a dip to buy cheaper, around 8600-8800 area, before resuming uptrend.
-Overall it seems the current move perceived mostly as a correction and not a crash.

Comment:

price touched a bit below 9000 and bounced to 9340. In comparison to fractal, this large and quick upward is similar to spike down and back of last time; so price action axis should be around 9350 in consolidation swings for some time considering fractal.

Comment:

cup and handle formation in progress, target is around 9550

Comment:

fractal is still in play, it seems conclusion is near; price dropped remarkably for second time after start of bottoming process in fractal it happened (rise and fall) three times before breakout; so it may one more rise and drop left, if price action complies with fractal.

Comment:

here is an update post: