Don't they look oddly similar?

If the two charts were to move in a similar way, we'd have a long way to go before a bull market begins. If history repeated itself, a bull market should have started by now, about six month prior to halving. However all major MAs are still inversely arranged on HTF and it'd take a really really strong bullish momentum to break through all the MAs pressing down the price, and it's highly unlikely to happen. price will likely touch either 50/200 EMA and fall back down again and range for awhile.

From what I see from the current chart, I expect the BTC price to start increasing Feb/Mar next year.