The 1HR rejection candle yesterday (circled in red) showed weakness but we did not have any follow-up sells or lower lows even on this smaller timeframe.
Looking at the previous runs into this level we can spot resistance forming around $5345 - $5360 price levels.
BTC is looking to test these levels again and needs a good rejection before it will go back down again. The honey badger might be getting its temper back and we all know you should not mess with a honey badger :D
Go with the trend, I am going to add on break of the highs, confirmation is a high timeframe close above the mentioned .
Looking at the bigger picture, Bitcoin is still trending up into the massive resistance around $6k which has been support for a long time before it eventually broke. I am confident the honeybadger will break it but it may take some time and platform building first. Expect around these levels in any case!
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Note: The lines are just a .