Overall Sentiment
Based on the indicators previously analyzed, it seems like bitcoin could be preparing for a correction that could take its market valuation down to around $6,000. A reversal candlestick pattern that formed last week and a combination of the TD Sequential Indicator, the RSI and the StochRSI are all indicating that a pullback is imminent. However, if bitcoin is able to move above the recent high of $9,090, it could try to reach the next resistance point at $9,600.