Bearish Divergence on Bitcoin's Monthly Timescale has been confirmed for several months now, looking back at 2014-15 & 2018's Bear Cycles we are currently in the Bull Trap Phase, where after the first leg lasts a few months, it attempts to make a recovery, usually a lower high then the previous all time high, where the oscillators reset and positions/leveraged trades accumulate before the next leg of the bear market begins