possible retest BTC

I believe btc may retest the low of the hammer prior to the etf decision. If we follow the trend line setting up resistances and supports, we see a recurrence in this bear trend. also BTC failed to do another lower low this time, breaking the structure, the next retest will be really important. if we break the support at 5700 it may sign a long term bearish scenario. The retest of the hammer is usual of this pattern as the bears have to dissipate their power before the full reversal start. Also there is a bullish divergence in the weekly, as the timeframe is that high is a good sign of a reversal. The bollinger bands is squeezing indicate the imminent volatility of the assets. 20 n 50 ema are flirting. as people like to do the comparison with the 2014 scenario, in 2014 there was a death cross after the second wave down, today the 20 ema has failed to cross the 50 ema, instead, they are moving parallel, flirting. Unless we have a sharp move down i don't see the cross to happen any time soon. it will be interesting to see how the market will behave in the next couples of weeks. If we start a rally now, 7.4k is the target, then i ll look at the retest at 6 k before to start the uptrend due to the triangle pattern finalization.
chart for educational purpose only