My view on Bitcoin

After breaking and then retesting the ascending channel, Bitcoin then formed a symmetrical triangle from which it broke downwards. Once a structure is broken there is usually a retest, just like S/R levels. I can see many different Harmonic Patterns to suggest a retest around the 50-61% level, however there seems to be a descending triangle forming which shows my perspective best.

So, the retest of the broken symmetrical triangle, the next wave in the descending triangle, a retest of the more recent downtrend line, and a few Harmonic Patterns suggest a short run up to which price will find resistance around ~57-58k.

From a technical standpoint this is what I see, however we all know that with BTC, all fundamental factors should be considered. I wont get into those, but I believe the sentiment is still bullish on this 'dip' relative to previous pull backs and people are not as scared.

I think it's too early to make assumptions on what will happen next, but I wanted to share my view. Let me know your thoughts in the comments.

Previous analyses linked.