Chart shows 2 relief rallies that have failed at .382, double topping on declining volume - 64 dollar question is will it repeat for 3rd time?
If BTCUSD is around double top area on the 14th 15th or 16th April then I would be adding short. (time cycles). Conversely I'd be looking at a swing bottom around the 16th if we push lower
Until then will look for short term selling patterns
Still no reason to be a buyer of BTC. Very much a bearish chart still. Advancing Volume on the upside break is the key to watch for, with price trading over 8500. Personally I don't buy break outs, would wait for a bullish gartley to buy.