BTC made a sweet breakout this morning out of the wedge with big volume. Except its already encountered big resistance and looks to be forming a bearish cypher with a double top on the second high peak. It could be possible for it to return trading within the wedge range.
CME contracts expire on the 26th, I'm thinking this small recent spike today was the whales letting the prices up to sell on before continuation of downfall leading up to the 26th. Thanks for your analysis! I woke up today only to see my buy order was nicked just prior to this spike, so I sold what I bought am back at the waiting game for those cheap prices!