BTC develops the pullback but it's fragileBitcoin / TetherUSBINANCE:BTCUSDTStanislav_Bernukhov_ExnessBitcoin shows demand early on Monday, though the market structure is probably weak, as negative sentiment prevails. The current pullback has greater odds to become a profit taking rally with a further mean-reversion back to the 60000 area, than a real reversal. Funding for Bitcoin futures turns green but that might be a sign of a local overboughtness pattern. I'd consider waiting for a failed breakout or a bull trap to build a short position. Don't forget - this is just the idea, always do your own research and never forget to manage your risk.