If not, i see more downwards-potential below the actual shortterm-trend. . The massive breakout has to be consolidated, this could be healthy. A first TP on the downsiide could be 705$ ( and last Low). The next TP could be the former longterm resistance, which turned into a support-level @ 680$. The "normal minimum" correction would be the 38,2 fibo-retracement @ 652$.
Prices above 780 will generate a new buying signal
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In a very small timerframe (15min Chart), this Level is corresponding to a possible H&S.
Should BTCUSD1.26% trade above this Level, a Minimum TP could be 701, the max. 735$
Trading below 680 will strengten the bearish momentum. For further Information about further possible targets on the downside, please have a look at my other analysis