BTC dropped today with 400$, it's painful but it doesn't matter in the long term.
Because of this drop I think a pattern is being formed. It's quite easy to spot if you look at the graph.
If I'm right we will see BTC drop further during the next few days towards $6200 and after that go up towards $6750 and hopefully break-out (target: $7000 minimum). All of this will happen within en period of 14 days.
I'm pretty new to the crypto world and analysing graphs so if you think I made some mistakes, please let me know!
disclaimer: all of this is just my opinion so do not consider my opinion as financial advice.
It turned out I was right, i am now very confident that we are seeing a head and shoulders.
Our target will be around $7500 plus.