The 1hr is showing us we have found a temporary support level. Could consolidate here and then hopefully push up. If it breaks below this line and stays there we will probably see shorts start to pile on.
Bitcoin is so over bought. The dips happening fast and with the 50 ma now under the 200 ma on the 1hr is showing a nice drop in price coming. Get ready to buy the dip for the rebound if scalping is your thing.
Or you can hold a short from here deep into under 5k.