This chart is showing that hte price of BTC is returning to test 6k. If traders are still even willing to buy at 6k for a second time. Who knows what will happen down there, but this pattern is certainly showing a fall in price. No way could it possibly result in following the arrow you drew here.
Good news 1.) People found out that they are getting a refund (with massive interest) on all the Mt GOX BTC they lost years ago. And the guy has been slowly selling off the coins over 2 months. He hasn't sold any at all the past 2 days, so his sales had literally zero actual impact on the markets yesterday.
Good news 2.) The SEC is protecting investors and guaranteeing that our investment in cryptocurrency will be protected as well. The SEC are good guys. They take any punitive action against an exchange which would negatively impact the investors. Even if they say that an exchange or product must shut down, they will ensure that the investors are fully compensated and that they lose ZERO money under these unlikely circumstances.
Two bits of really wonderful news and they still couldn't keep the price of BTC from crashing. Now it's a double top. The smart money see's this and they're not buying back in until the next bottom is found and volatility decreases and is validated by bollinger bands.