BTC/USD Correction up to 60% from ATH

Multiple bearish formations here. H&S clearly forming. Downward-sloping neckline indicates high degree of bearishness. If H&S completes (around 10K?), price may drop an additional 10-20% to the 8K-9K range.

Rising wedge has broken to the downside--bearish.

Looking now to pennant--if we break through on the downside, it will mark an overall trend reversal and will be a further bearish confirmation.
Head and ShouldersPennant

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