Don't want to upset anyone, however the late market action has produced a Bear Flag Formation, which measuring to the downside would line up perfectly with the lower trend line and the 61.8% retracement . Give me your feedback, and watch your back.
Chat room full of bears, bulls, and bull____. Bottom line is it appears price action will sort this out, all the way to support at the blue line between 4627 and 5400.
@khahan, just be careful RSI indicates highly overbought levels..it COULD go up and maintain its high RSI level, but i am seeing mixed feelings about where bitcoin is headed. i'm hoping it crashes down so i can sell my other coins for some btc.