I feel like its gonna drop idk why

$BTC fighting to test the $99-100k resistance zone, RSI is rising and still only at 64 (see my 4hr chart), so there is potential to break above, not backed by volume at all, though. Look at that tiny today's volume bar. Could be a bloody Sunday tomorrow.

The Daily chart has got a nasty looking Head & Shoulders pattern, but again, closing above the $100k mark with volume confirmation would pretty much invalidate that bearish structure.

Also on the Daily, Bitcoin is closing a second candle above the crucial $97000 horizontal resistance in confluence with its 50 MA. This is showing strenght, actually.

However, with the altcoins rallying, $BTC might lack that needed momentum to push thru 100k in my opinion. Longing now means longing into resistance. I would much rather short it from 99-100k until Bitcoin breaks above.

Important to remember the amount of liquidations above 100k remains high. That seems to be the path of least resistance. Staying patient

Tough spot atm, no trade for me