this formation is quite interesting, not because this would bring us over the important resistance from june´19.
Also in the german index DAX there is at this moment building the opposite of this view on Bitcoin (see link to related ideas).
If we will end going much more down, than i draw the next big support levels for you (all in green).
But i don´t think we will get much below the 21 week , if this formation plays out.
Have a nice day :)
Next levels to watch:
200 week moving avg
10,800 USD should be the next big test.
If we can reach this, things starting to look really good for the long run!
But actually some sideways action or a small correction is also possible.