#BTC Bitcoin is now pressing beyond the resistance of the Double Bottom formation Bitcoin would need to Weekly Close and/or post-breakout retest the top of the Double Bottom (blue $72810) to confirm a breakout And in fact if Bitcoin fully confirms a breakout from this Double Bottom, a Measured Move could see price rally to ~$81000-$82500 But given where Bitcoin is in the market cycle however, it's likely price will develop a macro market structure that will appear sufficiently bullish only to ultimately fail over time There are a number of ways Bitcoin could see this current overall cluster fail to generate sustained bullish momentum The failure could occur by virtue of rejecting from the Double Bottom resistance, by failed post-breakout retest to register a fake-breakout, or by falling short of a Measured Move once the breakout is confirmed BTC #Crypto #Bitcoin(Rekt Capital)