Bitcoin’s YTD performance in danger should this pennant fail

Bitcoin’s YTD performance exceeds 80%
Investors were betting on a pennant formation in March 
The 28k level invalidates the bullish formation
Bitcoin price bounced from the 2022 lows right from the start of 2023. It rallied more than 80% just a few months.
But Bitcoin YTD performance is in danger if the market is not strong enough to push even higher. Investors bought Bitcoin in March and in the first half of April, hoping that Bitcoin price would reach the measured move of a pennant