The bears have my attention and I am looking to the downside as the more likely outcome. The only sliver of good news for the bulls is that the 4hr is still holding, a level that's been support for quite some time, but if the Ethereum and Litecoin is any indication; it may lose it soon.
With that said, I still wouldn't discount a significant pullback at some point to revisit sub 50ks. Hence I still don't believe this to be a good entry establish swing positions in my opinion. But there is opportunity for short-term trades.
Personally, I did fomo into a Litecoin sizable position based on the LTC/USDT & LTC/BTC chart. If the bullish sentiment stays intact, I expect it to be play catchup and outperform. But again Bitcoin is still King, so will need to be prepared for potential weekly pullback at some point that'll drag everything down.
Right now there seems to be little interest at 50k or above but a lot of interest in buying the pullbacks. Hence it's holding quite well and still inching it's way up; but the alts tot so much. I am still leaning bearish here, but the biggest risk for a shorts right now is a significant unexpected headline news.