Im taking a look at the 4hr chart this morning and I see Bitcoin tried to make a break for 9k but got stopped around 8800 around 8 hours ago. That was very telling and as traders we should notice things like this. Our attempt to break the daily 200 MA was firmly rejected, hardcore. We got slapped down to 8300 where we are currently trading at this time. Looks like the bulls ran out of gas. I know the bulls are holding out hope that this is simply a healthy retrace and the moon mission will commence soon but the bears likely have different plans in mind. We are back below the 200 MA (daily) for now BUT we are above the cloud on this chart too which is bullish. I believe the pattern we just made is referred to as a "Bart" pattern by many traders I know. They are common in Bitcoin at times and start off as a sharp rise followed by consolidation and capped off by a sharp decline. So we just Barted everyone. The Bolinger bands on this chart are pretty wide due to recent price movement so we could be in store for some consolidation until those bands tighten up. I see another possible trend line showing its face. I drew the possible destination of the candles in the near future if this is in fact a new trend. Just keep in mind the areas of support that have show resilience in the past. Especially the 7750 - 7800 region. We have bounced each and every time we tested it in the past 2 weeks. Just keep your eyes on this area. There is some support below us at around 8100 - 8200 in the form of the 4hr 50 MA and the .5 fib on this chart. The .5 fib provided support and resistance very recently on this chart and I am thinking we should see that same fib provide support for the candles again if we do in fact get that low. RSI has fallen from the over bought region and is sitting in the center of the graph. Its not very telling when its in the middle but it could technically support a move either way. Daily volume is sitting at $19,697,003,329 which is an increase over what we saw yesterday. That pump to 8800 probably caused a mild fomo that increased daily volume a bit, but if we stay in this trend the volume should decrease along with the price. But WTFDIK?