06/03/23 Weekly outlook
Last weeks high: $24033.1
Last weeks low: $22970.5
Midpoint: $21907.9
An hour of sell off midweek last week sent BTC towards the area I wanted price to hold between 21.8k & 22.5k.
For the bulls any further downslide could be very harmful as it would break bullish HTF structure. I would be surprised if we see any significant movement this week as the BTC is at a crossroads.
I do expect alts to continue bleeding as they have done all of last week due to bitcoins reduced strength.
Last weeks low: $22970.5
Midpoint: $21907.9
An hour of sell off midweek last week sent BTC towards the area I wanted price to hold between 21.8k & 22.5k.
For the bulls any further downslide could be very harmful as it would break bullish HTF structure. I would be surprised if we see any significant movement this week as the BTC is at a crossroads.
I do expect alts to continue bleeding as they have done all of last week due to bitcoins reduced strength.
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