In the last time, I predict that Bitcoin can happen pattern so now we are in the Head of pattern, next will be the Right Shoulder of pattern, the last chart in here:
Now in this chart I will make more detail about the next way we can follow. As you see in downward , and the index of be in upper band of channel so I think we can go down more as well as the price can drop more to be establish Right Shoulder of pattern.
At the lower point I hope we will have divergence with the price in here and we will go up.
Also, wait for the signal from DMI 4c, this indicator show bear is stronger than bull right now and suitable with the drop of Bitcoin in several 4H candle before short term of uptrend.
Bitcoin also in Downward - and hope we can break up the pattern.
The target for Bitcoin is 69xx - 70xx.
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BITCOIN (BTC/USDT) - Bull in short term