Since were braking up from here, if bull volume fails were probably ending up in 160$ around double bottom
Explain how? I don't see this as a possibility at all.If the push is not strong enough at this time more sideways action is more likely than a dump.
The way I read the market there is absolutely no incentive to sell coins below $220.
Sideways action is usually bearish.
Depends. Sideways (on falling volume, even) could either lead to a sudden break of resistance like in May, or of support, like in November.

Your guess is as good as mine, although I'm slightly leaning towards upwards, because of the sheer size of the January capitulation.
Hopefully your correct.
Im hoping for another small drop so I can pickup some more, but at the same time i'm slightly short in futures atm, but I have a very tight stoploss incase something goes against me.