This is the Bearish Scenario. On the 4 HR Chart, you could argue that Bitcoin is still trading in this Ascending Broadening Wedge pattern on the 4 HR Chart. I thought this pattern was invalidated yesterday from the pump but when I looked at the 4 HR Chart I realized that BTC hasn't closed a 4 HR Candle above the trendline. Also the DXY appears to be in this Falling Wedge pattern which is bullish. If the DXY decides to pump then we could see Bitcoin continue its downtrend.