Getting Worried about BTC: Pump downgraded to bounce.

This bounce has not had the legs that I had hoped in my last post on BTC about a possible incoming pump. That post has been beaten almost negated by strong overhead resistance. An indicator that I like to use to help see through the noise is the Hull MACD, which is a difficult indicator because they are not a lot of resources on it. But generally a bearish cross is a bearish cross. I highlighted in yellow what the H-MACD looks like when you are moving through a bubble and we certainly don't see that behavior. In other words, a bearish cross will tend to bring the prices down.

Additionally the 1h chart has some bearish divergence setting in. The red lines are normal, the blue lines are bearish. This peak is lower than the last and we had to get the bearish divergence to do this. BTCUSD is beginning to look like it had a dead cat bounce failing some unforeseen large moves. We may see some life if this breaks through the overhead resistance we have been facing but the odds seem less given the current weakness. This isn't quite enough for me to go short but I am thinking about it. We may see this bearish cross on the H-MACD cause some divergence on the normal MACD leading to a bearish cross there, which I have highlighted a previous example in blue in the main chart.