After the Big run up, since October, we stop, and start a channel down, that ended 19th April.
Since than, the S&P, forms another channel, and right now at the top of the channel (resistance), that open a little bit higher, try to go beyond, but fail
So, my perspective is, that we must go to the support (the line on the bottom of the channel),
Strategy - SELL...
BTC 1H chart
After a recovery from the 1 may, of more than 10%, we start sideways consolidation.
If it breaks this area (62.850), and confirms the target is 60.000
on the way up, we have a couple of resistance areas, 65, 66, 67k
That way, I think the most probably is a break to 60k
But that´s just a opinion, certanly not something that some one should considerar...