Is Bitcoin taking a breather or coiling for a move higher?

Over the last month it seems Bitcoin has trended downward. It’s had some ups and downs but the trend has been down.

It’s currently about 16-17% off from the high of $64k. I’m wondering if we have a larger retracement, consolidate for a while, or move higher soon.

Long term I think we know where it’s going.

Short term is anyone’s guess.

Peace and love.