After a brief breakout of a potential ascending triangle pattern, BTC failed and fell back to the blue support line. It may continue upward from here if the support holds, but this rally seems to be running out of steam in the short term.
Seems ranging or steep correction might be at play given the cross over on the daily MACD. I'm in cash currently...if range is confirmed, I'll probably open a position around 365-370. If major correction, looking to jump back in around the 50 DMA.