Is the BTC crash about to start? Last night, BTC hit an upward trendline and then turned downward. The highest was 738, just shy of 740. The daily chart closed with a long upper shadow, indicating that the pressure is still very strong. High volume at the top is quite noticeable, and there are signs of a peak on smaller timeframes. However, it might still continue to consolidate for a while. Currently, it’s still in the downtrend of the bear market, so be cautious about going long.