Bitcoin broke the trend line support. But the question is: Is this a breakdown or a trap?
This breakdown cannot be confirmed at this time. On the other hand, it can be seen that Bitcoin has formed a falling wedge pattern. The TSI indicator also shows a positive divergence. Looks like this could be a trap and there is a possibility of a break-up of this wedge . In this case, you can expect a local top.
To confirm or reject this hypothesis, one must wait for the wedge pattern breakout