Not looking good for BTC

Bitcoin has lost about half its value from ATH and it doesn’t look like the bottom is in yet. I’m looking at two scenarios from this perspective. 1. It appeared there is a major weekly support and resistance that could be played like a range. I’m not yet 100% for a bear market because this could still be an accumulation. If the weekly closes above that it’s major support I would watch out for a reversal sign and expect that it could get back to the top of its range. And likewise could give a bear trap much like the bull trap it gave before the reversal. Those are typical of ranges.
2. A double top is a bearish signal not to mention that MACD still shows strong selling and RSI is not yet oversold. The M bearish chart pattern alongside the double top gives me a strong impression that we could break that neckline support and plunge even further to untested S/R levels of approximately 18k