Bitcoin is climping again

My friends, my peeps, my family of crypto lovers, welcome to this oh-so-scrumptious, fantastical analysis on BITCOIN! Let's jump right in. Well, well, well. BTC 2.16% keeps climbing Mount Lambo, just like your boy Magic told you it would. If you recall from the last analysis, I said "I still believe that a test of the top of the downtrend channel is inevitable. It's pretty unlikely that we would get this close, to such an important level without testing it, but anything is possible." As you can see, we're almost there. BTC 2.16% is within striking distance, of the top of the channel. Where we go from here, will be critical for BTC 2.16% , and it will be critical for the rest of the market. I use BTC 2.16% as a barometer on the crypto space, and I want to see it break above this channel. Above that, the heavy resistance at the 50 EMA ($12,785) will be extremely critical. If we surpass that level, the return of the bull will be undeniable. As you know, I've been bullish since the market reversed off of my downside targets, which happened to be the floor in the market. But until BTC 2.16% gets above the downtrend channel , and particularly, the heavy resistance level , I can't technically say that a new bull market has begun. Sure we've made some nice progress, but as it stands, BTC 2.16% is still inside of a huge downtrend channel . I am bullish , but now it's crunch time. Now I want to see the evidence, to confirm the bull case, because if it doesn't, you know Magic will put the bear mask back on. Let's look at the chart now, and assess the technicalities.