(short term) - BTC on its final knees >> expect retracement!

Before BTC breaks into 13k and then onto 14k, it will need to make a retracement at 11,500-12k.

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A more conservative estimate of a retracement is 1100$.

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It looks like a head and shoulders could potentially be forming.

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BTC completely smashed our retracement target of 9920! We will be updating soon with new analysis, whether it will use this region as a support to make its way to 13k or if it will freefall to 7k like we had initially planned for it to do.