As you can see in my previous setup, btc is moving towards option 2. It looks like the H&S pattern broke the neckline, but i would wait and watch to see if it can break the huge support. If it can break the red support line, we can see a further drop to the true floor of btc (5000$)
Note
And we can expect a further decrease with the bad new release from Google
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.