The trend is creating a movement like: explosion and congestion, explosion and congestion, in a more repetitive way.
Now following the signals provided by the market, we could expect a phase of congestion and then an explosion phase again.
We could do a Long entry if the Bitcoin exceeds the level of $ 13,500.00, confirmed by the high volumes and we will put the target on the $ 17,000.00.
If instead the level is broken downwards I would not recommend a short position when the sentiment is on the upside and we would go against the current.
In this phase the holders generally accumulate instead the traders wait to then enter on the levels of breaking of a resistance or support.
Remember that this is not an investment advice but a hypothesis, always invest your capital that you can lose.
Stay tuned for more developments.