The first morning of a new week, Bitcoin's price has chosen a new direction❗️ This 4-hour head-and-shoulders reversal pattern shows that Bitcoin's price failed to break the right shoulder's high of 65,000 and opted to move downward. Three major variables are looming over Bitcoin in the crypto space, suppressing any upward rebound. Moving forward, it can only follow the path of least resistance. After breaking below 62,500, it's highly likely the price will drop below 60,000. What happens after breaking below 60,000? Can it break through?