Bitcoin: Trader Warns of 2022 Bear Market Vibes

Bitcoin trader @godbole17 advised holding puts for native longs after spotting 2022 bear market price action on the chart, stressing that only a weekly close above the 50-average can shift momentum. At $78679.53 the 4-hour structure remains bearish with EMA50 at $79036.67 capping upside and EMA200 at $73785.21 providing distant support, while the MACD death cross at -92.71 and RSI at 41.77 keep price pinned against the lower Bollinger band near $78734.44, raising downside risks before any sustained rebound in this BTC price prediction environment.