BTC has broken the previous pattern and dropped greatly because of the start of investigation on the main trading platforms like Coinbase etc and the Korean hackers' short. This has also triggered panic sell. However, the drop in price can attract new buyers and whales.
Once the current price breaks down, then nothing would be guaranteed and it would be bear for at least a while.

HODL and finger cross
BTCBTCUSDChart PatternsTrend Analysis

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