BITCOIN Progresses Stereotypical Pattern -- Bulls Poised For Break?

This pattern we always see. Huge bear break (or bull break), indecision, and several failed attempts that just seem outright fake, to an opposing move after sideways trading. So, right now, it seems fair to think we're looking at a potential future bull break. I'd really doubt if there's that much strength.

Bears have tried several times to tank prices, and bulls have defended $3,608. Any bull move has also been rejected, so we'll see what happens.

Several long candle stems on the bars are definitely very fake looking to be as well. At this point, the body is really what I'm focused on along with the volume.

4-hr RSI is almost into normal range, yet is adjusting without any price reflection upward. This is another huge sign of weakness.

Since we did break huge from the attempted bull move, I'm still convinced there's not enough positive sentiment in the market to bring buyers in and continue a bull move.

Hope you all have a great weekend!