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$BTC This time, BTC pushed to the upside after the 14th, consistent with the patterns shown in previous examples. Their were only two scenarios we could've seen develop: 1.) Price moves higher for 2–4 days after the 14th, forms a pivot top, then reverses lower within the following 1–2 weeks. 2.) Price rejects immediately from the 14th` high and starts moving down without an additional push higher. As we can see, BTC followed the first scenario. We established an initial high around 78.2K a few days after the 14th. If we continue to track the prior 10 months of price behavior, this would suggest a higher probability of an extended move lower within the next 1–2 weeks. That would also make sense in the context of a range bound market.

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