What is evident to me thus far is simply a megaphone pattern or a head and shoulders. A megaphone pattern consists of 5 touches. Two touches have been completed on the bottom trendline and two have been completed on the top. Im inclined to believe that there will be one more touch on the upper trendline, placing bitcoin in a decisive moment. Otherwise, the head and shoulders patter will be in play if bitcoin does not touch the upper trendline. The 20 ema (red line) has served as a support as of recently, watch for a break of that. If the 20 ema breaks, the lower trend line will be crucial. Happy trading.