[pcabc]

Bitcoin - 4 hour chart

Potentially beginning Phase C of the base, which you can see on the 4 hour chart with a potential Last Point of Support (LPS) and Test with follow through. 

If it is Phase C, then the next expectation would be for a rally to develop, in which you would want to see a Sign of Strength in the price and volume behaviour. Otherwise risk of failure increases.

For what its worth my crypto breadth chart is fairly negative at the moment.  Whether the 'black' danger warning, which was developed against the NYSE and the 1987 crash is relevant or justified is debatable.  I ought to consider whether I dip a toe in these markets.  When there is a strong sign of climbing out the pullback would be the time.