Bitcoin is in a corrective phase of its short term bull run. We currently in wave B of the ABC correction. We are still in deep Bear territory on all higher time frames. I see Wave C concluding at the Fib .618 level of this short cycle. There is a slight Bearish Divergence on the RSI as well indicating weakness in this price movement. Trade with Caution!!!
I'm fairly new at TA and all critics and comments welcome.