We see bitcoin rallying twice to the same supposed support which the new ath rally would occur (Yellow Bar.)

After testing to break out twice with even a massive inverse head and shoulders pattern occurring on the daily time frame we were rejected both times.

What does this tell us? It tells us Bitcoin is in favor of a move down from here with a double top pattern to boot it.

I see a massive support at 22k and a high chance it could be bottom. I will look for longs there.
Chart PatternsTechnical IndicatorsTrend Analysis

Feragatname