
I have my bear case if Bitcoin can't break $50k-$51k, after several attempts it turned out that Bitcoin could not get out of the area. So that the support began to weaken.
As we can see on the weekly, Bitcoin is now bellow the 50 MA, which is like i said on my old post
"if we can't hold above 50 Weekly MA, then we will see a Bear Market"
2014
2018
BTC RIGHT NOWwill 2022 repeat? but there's a difference between 2014-2018-2022.
you can check it on my Recap Post <

Look, now Bitcoin is approaching its last dip level in last December. If Bitcoin can survive and rebound at this level ($42k-$43k), then I think there will be a painful sideways market.

There's a Head N Shoulders Pattern, and the target is on the last ATH on the previous cycle which is ~$19.7k. That's a good coincidence LOL

