Not an expert by any means, but I think that because the price is just stagnating right now at about $330 USD the direction that it goes in the next 24 hours will show what kind of market we are headed for, more bearish or more bullish.   Regardless of what the charts say, I always think it is bullish though (and I just hold and do not daytrade) so really the next 24 hours won't affect me as much as some on here.