Bitcoin and alt coins are in a bearish correction. A classic double top (M) has formed. The neckline is around $33,000. This level will be tested; price will likely break below into the mid-to-high $20,000s. I suspect many buyers will jump back in at this level; however, increasing interest in alt coins may diminish the speculative appeal of BTC, preventing a new ATH from being reached in the next 6-18 months.