Once you turn on line chart instead of candles, the double top instantly becomes obvious. BTC trend has reversed. Nearest support is at around $7800-$8000.
Bullish TK cross, cloud turned green. Bouncing from cloud's bottom/50EMA. 50EMA switched from resistance to support. Volume's back. Breaking out of cloud at the moment. Looks like trend reversal is here.
I usually dislike using fractals but this was just too obvious, especially taking into account how many people are excited about the current tilted "iH&S" and completely ignoring the last time it happened, just a couple of weeks ago. If the neckline isn't horizontal - it's not valid, it rarely ever works as an actual long term reversal signal.
BTC is in a bullish...
