Bitcoin, to much FOMO and Exuberance ?

Unlike the popular belief displayed everywhere, on the logarithmic chart we are not out of the descending triangle by any means. If the price will go down and even brake the 6000$ support (as 70% of descending triangles do) all the analist calling a break-out will suddenly remember the log chart. Also to watch on the daily chart is the fact that the Laguerre RSI is toping.

Furthermore, the Shorts vs Longs hasn't been this low in 3 months, with RSI under 25. Smart money usualy tend to be on the oposite side of "dumb money" sentiment (except in clearly established trends witch the hole market rides)

My 2 cents is just be very careful ( most of the times entering an established trend is better then trying to catch a bottom ). What i suspect is maybe one more small push up, then a long Squeeze (from a psychological point of view, seems right) . Good luck trading