We seemed to be quietly forming a potential inverse cup and handle on the 1 day chart here. If this pattern were to validate it has a breakdown target around 7.3k very very close to the macro fibonacci golden pocket. I've also said that in bull markets bitcoin historically has shown it tends to retrace no more than 32-41% during bull market corrections and a fall to this zone would bring us exactly to a 41% correction from our recent high. A plethora of confluence only improves the probabilities of this potential Inverse C&H's validation. Of course the way it comes into the left side of the cup is slightly suspect though so I'm not 100% sold on this pattern yet but will be keeping a close eye on it.