As we can see price dump hard and that was technically expected too (linked below).
now we have new resistance zone that formed and is around 53K (mentioned a lot on previous 4H analysis).
we may have some more correction here but two strong daily support is now ahead : A. 40000$ zone :green zone B. 30000$ zone (if it touched again) :Blue zone
Targets and resistance ahead: A. 52K B. 64K(previous all time high) C. 80K(new ATH looking for based on Fibonacci and is reachable if some condition and breakout happen we will update soon)
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Nota
As we can see we had Creation of H&S on weekly too (with colorful cycles)
so if last support (30K) break then bear🐻 market will lead and dump more .
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