BITFINEX:BTCUSDCOINBASE:BTCUSDBITSTAMP:BTCUSDWEX:BTCUSDThis is a short term analysis on the back of a excellent double top formation in the 4 hrs chart.. After the double top with progressive weakening volumes on the second top , a downtrend channel has started.. While i doubt if the neck of the double top will be retested, as the underlying bullish signature still paints the floor of action.. But the present down channel had 2 dramatic event, a symmetrical triangle breakdown and a descending triangle breakdown with bull trap.. But the mystical factor is the downtrend is having repeated ABCD patterns which are inherently bullish and poses a trade threat to the shorters in this weak price fractal structure on the 15mins chart... So i believe the next abcd completion will mark the bullish take over from the potential reversal zone... AS of now, i will have a bearish sentiment, which will change in course of the series of developments as we go down the channel Also note the price momentum divergence...