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Bitcoin Short Term Target

Bitcoin (BITSTAMP:BTCUSD)  
ImThour  
BITSTAMP:BTCUSD   Bitcoin
Trend Analysis Chart Patterns Technical Indicators Bitcoin (Cryptocurrency) BTCUSD BTC BTCUSDT Cryptocurrency crypto cryptotrading
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trendanalysis chartpattern indicator bitcoin btcusd btc btcusdt cryptocurrency crypto cryptotrading
Previously, when BTC did a retracement after a move down, it was 0.382 levels. Now, here are two scenarios:

1. BTC retrace towards 0.382 ($29.8k) on or before 1st Aug 2022.
2. BTC doesn't touch the trendline and continues to fall.

Which one of these do you think is going to execute?
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