Week of 13th of August brought first correction of uptrend to about 0.764 from 17$.
Week of 8th of April 2013 brought the next top of approx. 250$ before a 14 weeks correction to again cca. 0.764.
Week of 25th of November 2013 registered the next top(about 1,135$), which is stil the ATH before a 5 motnhs correction to a low of about 360$ at again cca. 0.764 level. tests support. ATH shows first sign of weakness of uptrend on .
Next run proved to be a trap, hiting the top at the beggining of June 2014 at cca. 680$.
Second half of September confirmed bitcoin's first downtrend breaking the 420 support culminating with 280$ new low and breaks support at the beginning of October 2014.
Price reaches about 460$ which eventually proved to be a lower top under previous support and fail for to break back resistance which lead to new low of roughly 160$ at the beginning of January 2015.
price test in first half of March 2015 previous important and tests again resistance which again failed and and suffered a setback to the important support of 210s.
Second half of June 2015: tests again a lower resistance of 260, again facing the test of resistance line. In my oppinion, closing this weekly candle under 236$ could lead to another failed test to break this important , thus postponing the eagerly waited longer term buy signal for a new price surge or even uptrend.