If we do base and look for technical aspect then we are really having that possible parabolic pattern which had been always the analysis for those traders who do make use of these indicators
but if we do look on the fundamentals side then we arent seeing something good which could really push the price other way around.We did see some increase recently on the price but not really
that much or we could say that there's no buying power and you could still see that there's hesitance around which cause for the price not to rise up that much.
We do honestly need up some more positive news plus recognition which would really be might the reason for such change trend.
Yep. In the short term Bearish
Mainly due to the Macroeconomic and political situation not even being bullish.
The recession is coming, macro is fucked. There is more pain to come.
But it doesn't matter whether bearish or bullish we have to make a trade well.
Btw, Bearish is just for day traders, Bullish is for the holder.
The long-term BTC was always bullish