13/03/23 Weekly outlook
Last weeks high: $22601.4
Last weeks low: $21067.1
Midpoint: $19532.8
After a sharp midweek selloff BTC has regained a lot of its losses with a rally late into the weekend.
However, I'm struggling to be bullish at this point as price structure is still overall bearish after putting in a new lower low on the higher timeframes.
Should BTC fail to break above and accept 24k this week, I could see things getting worse before it gets better.
Last weeks low: $21067.1
Midpoint: $19532.8
After a sharp midweek selloff BTC has regained a lot of its losses with a rally late into the weekend.
However, I'm struggling to be bullish at this point as price structure is still overall bearish after putting in a new lower low on the higher timeframes.
Should BTC fail to break above and accept 24k this week, I could see things getting worse before it gets better.
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