Bitcoin correction on the way

There are two scenarios:

• 1. Bitcoin will go up to 12000 and will do the correction in a sharp candle
  
• 2. It falls to 11500 and forms a head and shoulders pattern that makes it go lower
  

https://www.tradingview.com/chart/BTCUSDT/vhCi24MM-Bitcoin-is-preparing-for-a-retracement/