Looking at the 4hr bitcoin chart, the bulls failed to make new intraday high. Each rally is faced with more selling. In addition, I talked about the Eiffel tower pattern that happened when the market went absolutely wild. This is the eiffel tower guide: tradingview.com/v/R9feEeex/
For my own trading, I haven't traded much just watching this rollercoaster play out. I have been scalping though, very profitable with this liquidity. Its so short term that I won't be able to update. I do see new opportunities ahead once the dust settles so stay tuned.
I do live trades and bitcoin market analysis daily. Follow me on my bitcoin trading blog and twitter: ibankbitcoins.com, twitter.com/ibankbitcoins