🔥 Bitcoin Bears Still In Control Until THIS Happens 🚨

Over the last weeks I've been relatively bearish on Bitcoin. My main point was that BTC is trading in a parallel channel, where the top resistance is a copy of the bottom support.

My bearish narrative originated somewhere in August, and has not changed since.

However, I have to admit that BTC is holding up better than expected, also carried by bullish ETF news (fake or not).

Until we can get a weekly close above the top resistance, long-term bears are winning. This supports my often mentioned fact that pre-halving years have on average 6 green and 6 red months, so we're likely going to see more red months ahead.

Are you bullish or bearish? Share your outlook! 🙏