BITCOIN – possible W pattern

On 4hr chart, consolidation continue around 3520 zone preparing for the next move. Where will it head ? up or down ? If it continue to hold, maybe there’s a light bounce to form a mini double bottom W pattern up to neckline around 3700 again. It could also dip lower lows, 2nd leg of staircase pattern into 3300 zone. More bias towards light bounce.
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Short term moving average (day candle) :
RSI :
Network Value to Transactions Ratio :120
Total marketcap : 119
Dominance :52.4
Bitfinex Margin Long/Short Volume Ratio :
Depth Chart : (S) | (R)
Weekly Timeframe :

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