#Bitcoin just broke down ! Is the bull run over? On the daily chart, BTC has broken below the previous all-time high and is facing rejection at that same level. This might look like the start of a deeper correction But on the weekly chart, price is still holding above the previous ATH which means this could just be a wick or a retest if price bounces here. This week’s close is important: If BTC closes below the horizontal support and resistance line on the weekly, we could see a deeper pullback possibly forming an inverse Head and Shoulders before the next leg up.