I'm always keeping an eye on the p&f chart as it's one of the main pillars of wyckoff method and we got our new downward column as we entered in to 32k territory. You may say we have recovered and held 33k and it was just a wick. A wick is still weakness and p&f chart created the new column to be confirmed at the day close. This new column, if persists and beaks below 
31K, could very well end up at low 20's, which would be a double bottom breakdown pattern in terms of p&f chart reading.
So, keep an eye on it!
31K, could very well end up at low 20's, which would be a double bottom breakdown pattern in terms of p&f chart reading.So, keep an eye on it!
Note
Yes, the down column is here to stay, unless we reverse back, break above 36.600 and get a new higher high.Note
Let's zoom out and look at the big picture. 
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Protect your Bitcoin investment with our realtime alerts and fully automate your trading. No more sleepless nights, black swans, rug pulls, whale pump & dumps or getting sidelined.
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Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.