Still trying to see how this is a bearish cycle. I'm trying...

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We spent years in the lower reaches of the BTC channel and wave count doesn't support the primary is nearly over yet. We only recently had a break out in the bigger picture. How are people still bearish? Still don't get it.
Note
I'd like to note, we're presently testing the support in this TA. If you press play on the chart, you'll see what I mean
GannTrend AnalysisWave Analysis

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