BTC moving in a smaller time frame down trend and hitting upper blue trend line of the channel for inflection against the uptrend channel , We could break above blue line here to confirm uptrend bias, but I suspect we will move down from here to test red 50% median downtrend line before a major uptrend could resume. Of course at that point it could also break below the red 50% trend line and dip under 32000. Thats when people will start to panic, as a continuation of the bear market is confirmed. Market fundamentals are not bullish . War in Ukraine ongoing and the Fed just increased interest rate by 25 basis points today, while signalling future increases.