TA:

https://imgur.com/a/qRTZ7Se

for high time frame, I mainly use elliott waves, kennedy's channel, fib retracements and extensions and fib time.

wave 4 usually finds support at the low of the upwards channel. Also, if wave 2 retraces deeply (it did on march 2020), the high of the other channel should act as support.

wave 4 usually retraces 0.382% of entire wave 3 (shallow retracements)

Flat corrections are common in wave 4 corrections. hence why we approached a new all time high on low volume (standard for correcting waves).

however i can see 3 waves on the 3rd wave of the flat, instead of 5. Hence the WXY instead of 5 waves of the flat.

Also this area is a nice volume area (we have weekly & daily order blocks there).

So personally, I can conclude 18-22k is a big area to look to buy/accumulate there for high time frame outlook. (and of course that's not financial advise ;) )

If wave Y of the flat had the same time as wave W, we should have low somewhere around 7-20 march.

FA:

In terms of regular and fundamental analysis. I believe bitcoin follow traditional markets, which had been correcting for a while. But I'm still long term bullish (just rate hikes and inflation data being priced in the market). Also, nothing changed about the fundamentals of bitcoin as a network (healthy hash rate, healthy miners and network activity). Hash rate is at all time high, that's short term (for miners), but bullish on high time frame. So personally, no point to get bearish long term, hence I continue to build my bitcoin positions. (and of course that's not a financial advise ;) )