BTC has been oscillating all afternoon without managing to stabilize above the 59078 resistance level. It only made a false breakout upward, and now it has fallen back below 59078. If BTC cannot return above 59078 and back into the flag pattern, it cannot sustain a rebound. Currently, the lower boundary of the flag and 59078 form a double resistance, making a breakout difficult. Think of it this way: How hard it was to break below 59078 when it was a support level is exactly how hard it is to break above it now.