Bitcoin has yet to find a good reversal point. A few whales bought in the last few days and confused a few TA's. But just look at how fast indicators became overbought. Too much bear momentum for those whales to continue pumping. If the monthly starts defining its direction it wouldn't surprise me if we saw 5k this month.
Comment:
Daily is forming the same pattern that took it to 6k a few weeks back. If we do have the same pattern then 5k should be very likely.