Hello fellow crypto and bitcoin enthusiasts,
Just had a look at the 4H chart for bitcoin, and just noticed this small Head & Shoulders pattern formed, followed by a drop in price, and now we're retesting the neck line. If we can't close above it, we may drop and make contact on the 50 day MA, around 4.5k $.
At the moment I'm still waiting for the market to react before doing anything, but I'm still in a bearish mode, despite altcoins gaining a bit of momentum. There are low volumes, and prices can be easily moved to one side or the other.
One thing I can tell you to mark the sentiment change in the market is the fact that I've started checking my wallet gains more frequently and getting excited about some of the bursts we had in a long time.
Curios to see where your head's at in this market, leave a comment and if possible, let's make Bitcoin great again :)