Previous analysis where i showed that H&S reached it's target very fast. Even after making that ABC upwards i showed before this last drop yesterday. There have been several attempts since yesterday to make a low and bounce up, but market was just so weak it could not even make a decent correction upwards. Small attempts that simply failed so far. I mentioned that giving a target was a bit difficult and that's why i gave a zone (yellow circle). Usually, when the trend is stillbullish , targets like these can be turning points. But i don't dare to say that at this point. I explained my worries in the previous analysis and even though we are still in long term bullish territory, i am NOT simply going to assume that we are in a long term bear market again. Dumps alts have made past week are very worrying to me, increasing the chances for a bear market, but it can still turn of course since the whole market simply follows Bitcoin .
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