Prices consolidating in this area. I see a very high probability of price going back up to recent resistance. Safe area to go long would be around the swing low (Area highlighted in dark green).
I called this a few weeks back. Bitcoin is bearish then, and will probably be for the next few months. We have broken multiple important support zones, particularly the 41-42k zone, which, for some the coin was supposedly meant to rebound from there. Make no mistake, those who learn Fibonacci Sequences, as well as Gann, they'd be right to think that.
But here we...