The original idea from a previous post is still holding up, decided to redraw the chart for clarity. Price clearly reacting to previous swing highs now acting as support when gained to the upside and resistance when lost to the downside. I expect BTC's correction to be proportionate to how long it takes to break down from 9k. The longer we stay above it, the more severe the correction.
Notice volume has been drying up considerable, as expected in a classical descending triangle top.
Notice volume has been drying up considerable, as expected in a classical descending triangle top.