BITCOIN UPDATE

BITCOIN followed my previous analysis perfectly and filled in the wick on the weekly timeframe, now what we can see is a bounce.... this could just be a lower high forming before we make a deeper correction BUT if we close back above this resistance and flip it once again support we will have the possibility of forming this nice inverted head and shoulders formation and a nice confirmation to enter a long. SETUP invalidated if it rejects this zone as new resistance and forms a lower high.