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Bitcoin.. What could be next..

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I personally would like to see bitcoin blast up to new highs but I have to remain objective here.. I currently see this descending formation and with bitcoins latest drop in price, I would need to see new highs be made in order to change my bias of a further downside push. I can see a potential push up short term but it could be the completing shoulder to a head n shoulders pattern back down to complete the fib series to around 45k.

To invalidate this, the last high on the 1 day chart needs to be broken otherwise.. strap in.
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s3.tradingview.com/snapshots/n/NXuzyWcR.png

price is now heading into a critical area for me. I want to see if bitcoin will invalidate this potential head & shoulders pattern or will we see another drop to the downside to complete the fib series in blue.
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