This Simple Observation Shows an Intense Bitcoin Downtrend is Imminent

Bitcoin has been caught within a firm bout of sideways trading over the past day, with its buyers and sellers being deadlocked within an intense battle that has left BTC’s price ranging sideways around $10,200.
Bull’s inability to extend the cryptocurrency’s momentum has led it to grow increasingly bearish, as one simple charting pattern could suggest that its recent highs will mark a mid-term top that is proceeded by an intense downtrend.
In order for this bearishness to be in