Quote from: btc2mars on December 01, 2017, 09:59:15 PM

Will BTC form a double top @ $11800?

BTC has been recovering from $9K on a decreasing volume - once this buying force is exhausted at near ATH - will people panic sell and take BTC lower again?

Trying to force-fit technical analysis onto Bitcoin has never really been successful. A lot of people predicted that the price would drop after crossing $8000 because it formed some pattern in Eliot's waves. We all saw that it reached $11,000+ before catching its breath. So just focus on its potential and keep your belief that its price will eventually reach there.