Bitcoin is still moving in the downtrend channel

BTC is still in the downtrend channel, selling volumes are high, the rises you see between now and then are simply rebounds and not recovery the are majorly caused by people believing they're buying the dip. Eash rebound is an opportunity to short from a higher a higher point. Whales have exited the market in December, they've dumped the market with a huge supply that was left to the bagholders.