Bitcoin is heading down right now. Who knows how long this trend will last (maybe short term or maybe an extended period), but you definitely don't want to be Long at this point. Ignore any day-after rises and wait until the negative energy runs out and people start getting excited about Cryptos again.
Comment:
Bitcoin is up, but I'm a long way from calling it an up trend. Heck, it's still in the middle of the channel.