We are still in the Bearish channel
At the moment we are in overbalance - when the price break it there will be clear situation that BTC is going to test upward line of bearish trend. After we break it - for me it will be clear sign of trend reverse.
As long as the price do not break the upward bearish trend line I am bearish.
I am waiting that the price bounce from 10k$ and went through suppport areas to retest lows @ 6k$
At the moment we are in overbalance - when the price break it there will be clear situation that BTC is going to test upward line of bearish trend. After we break it - for me it will be clear sign of trend reverse.
As long as the price do not break the upward bearish trend line I am bearish.
I am waiting that the price bounce from 10k$ and went through suppport areas to retest lows @ 6k$
Suppouse there will be double top formed and price will bounce back and will be heading towards bottom line which is at around 4k$
Otherwise price break through resistance line and close above it - then wait till price retest this line from above and enter long position.