Bitcoin is still in correction. We have 2 scenarios. First - you can see pattern head and shoulder. I am not pattern trader BUT this pattern see many people, so we should be careful - means correction will continue. Second scenario is go for new ATH but we need to break and retest many resistance, for this is necessarily bigger buy volume..So - long term is bitcoin still bullish, but short term is bearish.
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Head and shoulder pattern is not valid now.