$btc bitcoin price action fake out? or Retest for higher prices?

24 May

BTC Bitcoin's price action is currently in channel
Current Price: $67500

As price action has broken out of the channel, there are two possibilities:
A fake out has occurred and bitcoin will further break down to lower supports 64k, 60k

OR #bitcoin is retesting channel support to attempt higher prices up to 79k (price discovery)