Everything in the chart. BTC reacted to the resistance in recent hours, it is now bound to go back down to ~18.6K to retest the low. From there on, if support breaks, ~16K is the next target.
Macro remains bleak. We need to see inflation going down to calm down this crash in stocks and therefore BTC. Be aware of "bad news = good news" as well, as investors are searching for cues that central banks might need to become more neutral after this extreme hawkish period.
Macro remains bleak. We need to see inflation going down to calm down this crash in stocks and therefore BTC. Be aware of "bad news = good news" as well, as investors are searching for cues that central banks might need to become more neutral after this extreme hawkish period.