After 20 days, BTC hit the new high around 61781$, but yesterday as expected the first trend line at one hour frame time missed, then retraced to about 50% of last wave, now if the second trend line at 4 hours miss too during next coming days, after that we should expect to encounter with blow prices, the situation got worse for next uptrend, It does not seem very unlikely to see 42,000 again of the bold trend line missed. let's wait to see what would happen.
Comment:
I should add and clarify that if the bold trend line breaks out to the below, then the above mentioned scenario might happen