Bitcoin has had 3 major prior corrections after hitting a trend line and after it double topped at $11,700 on March 5th, the price has continued this pattern. Coupled with a completed head and shoulders pattern, Bitcoin is most likely destined for further capitulation. I anticipate a retest of $6,000 level. The head and shoulders fall estimate matches with this estimate. Perhaps coincidentally I came across a pattern that I found interesting which also suggested a retest of the $6,000 level. Each prior correction decreased by $1,100 compared to the one before it. Testing this pattern $11,700 - $5,700 ($6,800 - $1,100) would give us $6,000. Were the price to fall to this level, I would anticipate either a large bounce or the price bouncing further into this falling wedge (outlined in green) until it completed.