Could this be the beginning of the next bearish move?

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Could this be the beginning of the next bearish move?Bitcoin / TetherUSBINANCE:BTCUSDTDualX_Signal The candle formed on the weekly timeframe, based on the engulfing candlestick pattern, is a strong bearish signal and could indicate the beginning of a bearish leg. The target for this move could be the 50K level. It is important to note that the major trend low is at 50K, and as long as this level remains intact, the long-term bullish trend is still valid. I’ll share more detailed analysis on the lower timeframes in the upcoming posts.