Another Dump Pump And Dump Of Bitcoin (BTC)

Hi, friends hope you are well and welcome to the new update on Bitcoin:

Down channel:

On an hourly time frame, Bitcoin broke down the support of a channel but soon re-enter the same channel and after breaking out the resistance once again entered the channel.

Head & Shoulder:

On a 4-time frame, BTC is forming the bigger right shoulder of a Head & Shoulder pattern.

Testing a long-term support:

On a weekly time frame, Bitcoin is moving below $19500 support and we need the weekly closing above this level.

For a detailed analysis, you can watch the video.