Is Bitcoin a Bull Run or is it all Hype ? Here's my opinion Bitcoin / US DollarCOINBASE:BTCUSDMoNi_MoNBitcoin is getting a lot of hype right now, but for me this still looks like a pullback until further notice. I trade higher time frames, market structure and time frame synchronization, so I’m not going to let one strong move on the lower time frame change the entire direction of the market for me. The 20H chart is starting to look exhausted. Price has pushed back up into the lower time frame resistance area around 80,524, but the momentum does not look as aggressive as the move that brought price into this zone. The 15D candle is also about to close within the next 17 hours (at the time of this post), so that candle is going to give me more information about whether this move actually has strength behind it or if price is just reacting into resistance. The biggest factor for me is still the 12 Month candle. Right now, the 12M still shows what LOOKS like an incomplete Evening Star Doji. I am not calling it confirmed because the candle is not finished yet. We still have roughly 4 months before that candle closes. Until that higher time frame candle completes, I am still watching the unfinished structure below. 58,000 remains a major retest area for me. That does NOT mean Bitcoin has to go there immediately, and it does not mean I am saying the market is guaranteed to crash. It means the higher time frame structure has not completed yet. For me, people are hyping a pullback. If Bitcoin wants to prove the larger structure is bullish, then I want to see the higher time frames confirm it. Until then: 20H momentum is slowing. 15D confirmation is coming. 12M structure is still incomplete. 58K is still unfinished business. Candle behavior gives me the warning. MARKET STRUCTURE gives me the verdict.