I think BTC's now went though the "Typical stages of a market break"

Let's review. First see Typical stages of a market break. : BeatTheBear (reddit.com)

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Butterfly top:

https://preview.redd.it/0cmben3k4k381.png?width=1154&format=png&auto=webp&s=b0323bb9058ff5dde35ba8b592179e09b0662873

Check

https://preview.redd.it/2xumdu8q4k381.png?width=1920&format=png&auto=webp&s=cc0b1bf24674b42a3f45e35dfc3f61291a4fbffd

First big break

https://preview.redd.it/79iv5fgs4k381.png?width=923&format=png&auto=webp&s=6c22f8575280850727acc0d8887dc13df8f70ce9

Range into hard downs. Check.

https://preview.redd.it/c2hn32jz4k381.png?width=1920&format=png&auto=webp&s=f87deb48a09b11ef29fe587dd9191fdfe02b6aad

If this is the case we should be getting close to the bull trap section of the move (There's still some risk of another down to 38K so be careful with stops if long).

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In the template we've given this as a double top.

https://preview.redd.it/l5l0ghh85k381.png?width=905&format=png&auto=webp&s=43cd3d456627497f95b840806d986a55612abd50

It is not always a double top. It's often at least 76% and can go up to 100%. Sometimes they are much shallower. This template was designed to filter out as many losing signals as possible (Optimised for lower risk over high gain). Please see the comments of the OP for various examples of how this section of the move can vary.

A few trade plans need to be made for these types of moves and it's likely there will be some losing signals along the way. Often enough there's big trades that come later to make these worth while.

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