BTC: Re-test $6800 area

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Bitcoin is making another move. From my chart yesterday, I was expecting a full H&S pattern and a drop to lower $6300. However, BTC was holding up and making a slight break through the H&S model:


Chart by TradingView

However, I still keep my previous outlook that Bitcoin may have a correction or even lower before moving up. From this point, a shorter timeframe chart may present it:

However, my point should be invalid if BTC is here to stay above the $6600 line for the D1 candle.

What do you think? Le'ts find out soon!

BTC: Re-test $6800 area | Ecency