We just basically confirmed drop by retesting broken trendline, dont get catched in hype created by parabolic movement, dont get scared of shakeout before dump.
Trend lines dont lie, we are still not in bull market, we retested trendline and now we are going to drop. In next few weeks I expect bellow 6k simple due to disbelief phase. If all goes well, we will see 5k as predicted.
As you can see by indicators, BTC is going to hit 5k before bear market will end. Real consolidation only going to happen now, when BTC is going to stay between price range of 6000 to 7300 based on heavy resistances around.
