Bitcoin now formed a double top.
Now that Bitcoin has formed a double top. This was the short term forecast higher percentage move. It has now reached the shorter term white line. The short term move of the 11,670 resistance knocking it lower to 10,438 is now true. It may be short term bullish with some bounce to 10,978.xx area (light blue line). The medium term 8,758. x still remains untouched and pa should be attracted to it. It is just normal for pa to go to 8,758 more often than not. The same pa on a larger scale can reach a new lower low (below February low), Things happen and things change. So I do not want to get out too far on a forecast. Sometimes I can be plain old wrong. So far now, I lean toward 8,758. But think it may go to 10,978 before 8,758.
As for the rest of the crypto basket, I think they will follow Bitcoin. Ripple .47 got a small step closer.