Personally I do not want to place a short here despite evidence of 3 higher lows and only 2 higher highs. If you plan to short, it's a little late. If you plan to long, set your stop loss at the resistance level of ~9000 to ~9100. Trend line points to bearish activity with the 10k rejection that recently occurred. Alternatively I do not want to open a long until we reach a price of 8,600 per BTCUSD.
Other thoughts, altcoins boomed last week with MKR blowing up. I believe we are entering another altcoin season which is great news for anyone who has place bets a few months ago. Personally I'm curious about the REN protocol and made a swap between RENETH. If you have any altcoins you would like to share, please do so in the comments. I'm curious what my followers are speculating on.