BTC Possible C&H to 29,5k

BTC is quite overbought. I think we could see the price cool off, but not too deep.

Possibly the $19,4k area, creating a nice cup and handle formation and regaining strength to continue towards the moon.

Over the next couple months, a five-wave to a strong resistance level (Zoom out) and blast through for another cool down at ~30k? Or rejection?

What are your thoughts?

Not financial advice.