#bitcoin forming a correction combination.

#bitcoin #rank=1
bitcoin fell heavily as we all know,
and, from around a month it is consolidating in the $30k-$40k range.
That consolidation range is forming a combination of triangle and zigzag on the daily chart.
By the way the channel breakout is imp .

And red line is a very imp. resistance level if that line is broken it will actually give the confirmation for the change in the sentiment.