Chart Pattern Analysis Of BitcoinBitcoin FuturesCME_DL:BTC1!nothingchangehereK2 and K3 both close at high price area, But still, it failed to break up the nearest resistance or the neck line. The strong bear gap at K4 also verified a weakness of the market. If I bought it earlier, I will try to decrease my long-term positions at K3. If the following candles price to to test the resistance for a third time, I will also try to decrease my long-term positions at 80K area. At the same time, If K4 close below 0.5fib area, Another bear run may start here to test 54K area. If K4 close upon 0.5fib area, It is still possible that K5 will price up to test 80K area. If that is a fact, It will be a good place to short it at 80K area. After several weeks consolidation, It verified a fact that bitcoin is still in a bear market. But the real bear bottom is not far below.