It seems we have a double top repeating itself 3 times, smaller and smaller, in a big descending wedge . I go long from here with a target on the white resistance around 7300$ to make the double top , then short from here.
Btc repeating the same pattern (descending wedge) for the third time, smaller and smaller.
For me, it's more likely to breakout the current wedge upside, like in the previous cases. But the price will need "breath" after that. This correction is almost over, and I bet on a rally very soon in a way or another to the next support or resistance. All we can do is...
I expect 3 consolidation waves forming a channel between 0.3 and 0.7 fib. Breakout between june and septembe, I think this time is needed before the next rally.
My analysis is based on the first cycle.
Do your own research, trade carefully.