Bitcoin Price - Will Lightning Strike the Same Place Twice?

Bitcoin price has broken the longterm rising trendline that has supported price on several occasions in the past few years. However, this trendline had been breached on previous occasions - each time prior to a strong rally. Archers, Nock Arrows! Despite the breach price has not entered freefall, instead making a gradual stairstep from $630 down to a higher low just above $610 on most exchanges' charts. The current price action is unfolding between two trendlines projected from the November all-time high across the recent June high just above $660. The Bitstamp price chart is referred to....