Bitcoin is basically on it's 5th inside daily bar and it's likely there's a breakout coming over the weekend -- likely bearish if I had to guess.
We saw an initial huge leg down with consolidation. Typically, the direction follows initial movement (i.e. bearish). Nothing really seems to be going for the bulls, so I can go along with this being a bear break.
There's also a recent lower low from this bounce, so that's another factor hinting at a bear break.
Have your stop losses set and have a great weekend!!!
