Pure gut feeling from Japanese candles
low volume, daily and intra day market structure bearish, resistance held, over bought on all time frames. no retracement from this move, and no real retracement on the move up since the start of the year.
also DXY is bullish as hell, and its essentially the inverse chart of btc, as btc is traded globally against the USD. im in for a short down to the high side of 8k. this seems to be nothing more than a suckers rally, and i always encourage people to look at the higher time frames.