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It has been bullish all this time along, OP. In smaller picture, it would look like that it is bearish just because it went from 60k+ down to 30k+.
Back then, 20k was the most discussed price to be the possible ATH of Bitcoin, but look at it right now on where it led to. Even at around 25k+, I would still consider it bullish.
I agree a lot of people only see Bitcoin making it to ATH above $60k, then as it finally drops to $30k, they think Bitcoin is no longer in a bullish trend.
In fact, if we research the movement of Bitcoin from the beginning to enter the market, which is what a lot of people wanted $20k after the 2017
bull run and after that the Bitcoin price fell quite a bit. This means that as long as Bitcoin is still above $20k, I still think Bitcoin is still in a bullish trend.
Moreover, for the past few days Bitcoin has always been above $40k, this is a very good sign, should be in the near future Bitcoin will return to
the ATH price.