BTC Price Approaches Bear Flag Lower Support: Breakdown Imminent or Bounce? (March 27 Update)

Like a car crash in slow motion, the Bitcoin price is getting nearer the bottom of its bear flag and a point of no return. With economic and geopolitical factors weighing heavily, any kind of lasting recovery is just not able to take place. Is the $BTC price about to drop out of this 2-month long bear flag, or can the bulls put up a fight and remain inside?