$BTC bearing down

Updated
Based on Bitcoin being overbought, bearish divergence, re-testing resistance, shorts stacking up right now Im good to take a shot at shorting this. Looking for a bounce back off lower fibs or even a dump, who knows. For all I know, smart money might just be wicking down to liquidate before a rally up.. I'll ride this one out and see what happens. Not financial advice.
Note
I love it when a plan comes together .618 could be a sweet spot to exit this short with a long.
Bitcoin (Cryptocurrency)BTCBTCUSDBTCUSDTTrend Analysis

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