I believe that the bears want to create a large inverse h&s - first, to shake out weak hands the last time as those people think that BTC will crash and/or go down further than $6000, before the inverse h&s becomes apparent; second, once the inverse h&s becomes apparent, people will have the confidence that BTC will pierce through the top of the downtrend channel. This is when the bull comes back.
I do enjoy MagicPoopCanon's TAs, he is one of the best so far. Another person I would recommend is Funtrader - Vera. Unlike MagicPoopCanon, she is looking at graphs from a broader/longer term perspective. Not much information is given in her post, but most of them are quite accurate.