The 4 hour chart shows two price retracements, indicating a large number of sell orders in this area, both of which may indicate a slight correction in the price of $BTC or that a sideways range is beginning to form at this price over the next few days.
This chart also hints out that there could be a spike to gallop all the stop losses beyond 70k.
In a bull market of BTC, it's too much risky to counter trade.
Of course, it is all a matter of probabilities, in no way is it an analysis to go short. It is suicide in a bull market. Although it is likely to make a sideways move, even touching 70K.
I have a gut feeling that before the halving event, BTC will decisively break out beyond 70k, and will go for self-discovery.
100k before 19th April could be a conservative target.
Not financial advice.
Such a nice update.
You should expect a correction after hitting ath of $70K.