Bitcoin's looking set for a textbook bearish engulfing pattern on the higher timeframes—roughly 19 days to complete the setup. The way I see it, shorting opportunity is definitely there, but don't rush in yet. Price needs to chop around current levels first, building that coil before the sharp downside breaks. Right now it's consolidation mode; once that pressure releases, things could move decisively lower. Keep watching those levels—the setup's there, just waiting for confirmation.