Bitcoin's recent price action has been constructive. Not bullish, but constructive. That also means that it's been less bearish. But even still, I can't unsee this bear flag regression channel. I'm less concerned that I was a few weeks ago, but I won't get bullish until we're above the 2-day 200 moving average cloud. In fact, I'm wary that we could even use it as resistance. Why? Just look at Q1 2022. Then come tell me what you find.(Caleb Franzen)