There are still many people expecting a final surge in Bitcoin (BTC), and I'm quite convinced there will be one too. The weekly chart suggests a top is forming.
If that happens, I believe those who were bearish recently will find various reasons to become bullish.
Currently, Bitcoin's bearish pattern hasn't fully materialized, especially on the weekly chart. I can only interpret the current high as a sideways consolidation before further declines, so we're still waiting for that final surge.