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Possible Fractal Bottom Idea for Bitcoin

Bitcoin (BITSTAMP:BTCUSD)  
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BITSTAMP:BTCUSD   Bitcoin
Trend Analysis Head and Shoulders Triangle
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trendanalysis headandshoulders triangle
Bitcoin (BTC) has recently taken a nosedive in price. Here's one theory I've had over how the next breakout could play out. In 2018 the dump was started by a descending triangle, in 2020, a H&S formed before a large drop in price. I believe there is a decent chance we see a few weeks of consolidation and a bottoming pattern.
Komen:
Prices moving up faster than initially predicted. Counting this dump as more of a squeeze / shakeout than a genuine dump.
Penafian

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