$BTC

My reasons for bearish sentiment.

- Lower low, Lower High

- Break of trend (thin blue line)

- Broke the 20-day EMA and has struggled with it since, today may see it close below again.

- ETF news failed to drive a price increase large enough to draw in the sideline investors, suggesting spot price may be cheaper soon enough.

- Recession is looking likely, layoffs increasing and the cracks in the unemployment figures are starting to show, pressure is building as people struggle to cope with rising prices and having to work multiple jobs to make ends meet.