Short-Term Bearish or Bullish BTC

BTC is looking like it may be showing signs of struggling in shorter-term price action. The MFI on the daily candle chart as well as the MACD are trending downwards currently with a bit of room to continue it's downtrend.

The weekly candle chart is also showing similar signs of a potentially shorter-term bearish outlook. Its momentum and MFI both appear to be preparing to trend downwards. The overall cryptocurrency market is now below $2.6 trillion with today's dips.