BTC at a crossroads, 12300 and beyond or 11300 and below

Hello fellow traders.

Let’s keep this short time frame analysis short. Either we breakdown to $11200 or below in a continuation of the corrective wave down or we follow this slightly messy H&S up past $12000.
I personally favour the latter but the former is as plausible as well. If we breakdown from the shoulder the move to 11200 is increasingly on the cards

Let me know what you think.

Peace.
Chart PatternsTrend Analysis

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