Crypto is the place of pure deception - I would advise being extra careful here. Just when you think you have the market figured out it will strike back. If you are going to trade LOGIC other than the LOGIC of the MARKET - this will lead to devastating results. From TA perspective - balance between volume
and price seems to be good. Bitcoin
for medium term. Red parallel slopes (long term supply) most likely will be retested - max target for this relief rally is 5226. High probability set up for opening short is around 5000 - 5226 (confluence between major swing high from 2017 parabolic run up and diagonal resistance).