The market is going to form a strong trend reversal signal. If the daily candle is closed at the current levels of below, the market will start forming a new swing high. This swing high will be higher than the previous one but RSI and MACD will make new "highs" lower than the previous ones. The price will diverge with the indicators and it will give us a bearish divergence. This is a strong trend reversal pattern which sometimes leads to a new trend in the opposite direction, sometimes it leads to a correction or sideways movements.
I don't think that we will get a new bearish trend , but the bearish divergence gives the additional signal supporting the correction movement from the current levels or 6000.00 resistance zone if the market tries to move higher.
For confirmation the bearish divergence it will be good if the price breaks the local uptrend line. For the confirmation further downward movement, the price will need to break 5000.00 support level .
If we talk about the long term market movement, it stays bullish .
We saw a little setback in the market because of the controversy of stablecoins, but I think we are soon going to see a moon in price again and this time it would be coming in full force, though we might not see bitcoin get to $6000 for now until some few months later, my best guess is at the fourth quarter of the month, so let's just keep watching and hope for the best in the crypto space, because a lot of persons are now creating FUD news.