Why you shouldn't be bearish right now👇
1) Fear and Greed Index is almost at extreme levels. Situation is pretty much the same with April. We are closer to the bottom than to the top, if this makes you feel better. We can see a last weak below 100k and enter extreme fear territory. But this is nothing to worry about.
2)
$BTC on the weekly is still trending upwards. No invalidation. One touch could come and aligns perfect with the extreme fear.
-On the Daily time frame, we can see that 0.61 fib is really close and confirms that one more dip is a bullish and 100% normal.