BTCUSD quickly (parabolic on shorter TF) ran back up to ATH and was rejected. Looks dangerous at the moment.
Looks like a potential double top, if new highs aren't made and confirmed soon. If it reverses/consolidates look for ~17k to hold if longer term uptrend is to be maintained. Breaks below 17k will likely lead to significantly lower values.
Alts have not rallied back as strong as BTC, which leads me to think this uptrend will not be sustained in the near-mid term, but I'm in wait and see mode.
Looks like a potential double top, if new highs aren't made and confirmed soon. If it reverses/consolidates look for ~17k to hold if longer term uptrend is to be maintained. Breaks below 17k will likely lead to significantly lower values.
Alts have not rallied back as strong as BTC, which leads me to think this uptrend will not be sustained in the near-mid term, but I'm in wait and see mode.