2 Hour Fractal for BTC - Will History repeat?

This 2 hour chart shows two very similar fractals for BTC. Notice what happens when the price breaches below the previous low to the left. Down she goes! This suggests that BTC is going to break $6K even if only for a short while. It may very well bounce off $5700 - $5800 and go back over $6K. Either way, the bottom of the channel seems to be it's current destination.

Комментарий:

Pattern Blown! Even though I would still say that a break below the 6450 area to the left (Pink Line) would be disastrous for the bulls it does NOT look like this pattern is a repeating fractal of the previous pattern. That part is for sure just be looking at the chart progression.

I'll have to call this pattern BUSTED! and go back to any goes mode. If anything we can see 3 higher lows and 2 higher highs forming a symmetrical triangle. This could break either way. Because we are at a what appears to be a consolidating support area above 6450 it could break North just as easy as South. If we were higher up in the chart a couple or few weeks ago I would be bias to the down side. Now it looks 50/50 or a slight bias to the UP side if the bulls get off their butts and make a move followed by the bears entering in to FOMO mode.