BTC daily chart is exhibiting bearish divergence according to the chart and RSI values indicated with the red lines. In the past, this usually means a bearish downtrend is likely to form. I suspect BTC corrects a bit before blasting off to higher numbers. We do have a cup and handle formation on the 4hourly chart, but as we know the longer term charts usually prevail. The bearish divergence can also be seen on the weekly chart for BTC.