Update on my last Bitcoin post.
We are failing to break resistance, and turning back down. This could be either a double bottom forming off of the down trend after the recovery, OR a double top that will force us down into a MASSIVE double bottom.
There were exactly 13 days and 12 hours between each phase of this "possible" double top formation. Now that is pretty interesting.
The indicator at the bottom that I've marked with arrows is a volume/squeeze indicator. The areas I've marked show a reversal in momentum, volume, and trend strength indicating a reversal. We will see.
