To short or not to short - that is the question.

Let's start with the fact that the price couldn't break the resistance of the triangle, so we saw a false breakdown of $5300 level. After that the price went to a new support at the new market. Now $5080 - $5100 level is the resistance. Thus, if market can break through it and consolidate around $5150 - $5200 zone, it would be wise not to short BTC. However, if the price fixes below this level, you can sell till the stops which were meant in the previous update. So here our indicators are $5080 - $5100 level and broken triangle support.

If we go further, if the price fixes below $4700 after the dump, the buyers will close there longs, which will lead us even deeper. If we don't see a breakdown of $4700 - $4800 level, we'll start to find a right place to go long.

Key levels:
Above - $5100
Below - $4700

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