There is double top in monthly chart. also uptrend trend line slope decreased. when the price falls below 3k (previous LH) the long term downtrend will be confirmed. I believe BTC is macro bearish which will take a long time to reverse the downtrend.
There is a high chance the ascending triangle will breakout then again we will enter descending wedge again. and weekly candle will close on bull market cycle
band bottom.
The last time 59 - 60k resistance zone was broken the market was bullish and as you see (green arrow) break out done using 7% candle with good momentum( RSI = 70).
The current condition is so close to 8th May ( red arrow) with frequent testing to break while market was not so bullish ( around 50 RSI with small candles)
