Head and shoulders in the making!?! XBTUSD

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KEY POINT's

21 DAILY MOVING AVERAGE = 6770 if bitcoin breaks under this level it would then act as a resistance to break back above

which would signal the weakening of btc and from there would be looking to see a move down to 6540's to potentially

double bottom which will likely not hold resulting in a panic sell off to SUB 6k range

BITCOIN HALVING = 27 days

WEAKENING BULLISH MOMENTUM

BEARISH WEEKLY CANDLE

BEAR FLAG = visible on the 4 hour time frame

If we do break down i would expect a bounce around the 5800's level with a RELIEF RALLY to follow up to 6100's and then down

from there i believe it is very likely we make a move back down to 5k or even 4k's prior to halving event or after a lot of levels that will be

revisited.