Bitcoin Parallel Channel holding Strong - Bull Run is still !!

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Bitcoin Parallel Channel holding Strong - Bull Run is still !!Bitcoin / U.S. dollarBITSTAMP:BTCUSDCryptoAndy18I have made this chart to show that even though Bitcoin is dropping we are still in a parallel channel. Until this is definitely broken I have to conclude that we are still in a bull market. We could continue to drop even more down 22% and still be in a bull market. The 50 Week Simple Moving Average is red line to use gauge whether you should get out or not. It a clear stop loss for this entire bull cycle. Do you guys agree let me know ?? How are you protecting to the downside ?