Three unreliable conclusions about Bitcoin:
1. The weekly moving average death cross, the probability of a phase rebound after the weekly death cross is increasing.
2. The probability of Bitcoin entering a bear market is increasing, even if it pushes to new highs later, one should reduce positions and exit.
3. Bitcoin shows a tendency to mirror the U.S. stock market, meaning the magnitude of pullbacks is shrinking. Historically, the pullback magnitude in bear markets is around 80%, but this cycle may not be as deep, possibly returning to 50% or the peak of the previous bull market.
