It's a difficult position to evaluate currently. Price is stalling just south of the 4400 level, but the daily candle is forming a doji around previous resistance - so the move below 4400 could very well just be noise. Looking at the trend the current retracement is big relative to the most recent upthrust, which does make Bitcoin look a bit weak short-term.
Looking at the 4000 level this could see another bounce before either a continuation upwards or a break downward. A close on the daily chart below 4000 would certainly change my bias further to neutral or bearish.
