Price action is topping out on my DAILY fib at the top golden line, which means this move upward is possibly over extended. It couldn't close above the 5500 resistance level so a nice move downward should be expected. For me this is where I would take a short position. If I got in around the 200% Golden line, I would put my stop just above the previous high or a little higher (if I'm comfortable with that). If I didn't get the previous high, I would look to get short around 175% line with stops at the 200% golden line, taking quick profits at the next 150% Golden line and then again at the 100% golden line. This is not a long term short, BTC is looking bullish on the weekly and the daily but we must close above 5500 area for continuation upward. THIS IS NOT FINANCIAL OR TRADING ADVICE. TRADE SAFE LADIES AND DEGENTS!