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There is a tendency of slight downward reaction of BTC which means the end of flat pattern on weekly chart is ahead.

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Sometimes you have no idea unless you decide analyzing big picture of the pair.

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An Expanding triangle is the probable structure which shows downward movement.

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Gbpusd shows a contraction but still needs to react as a correction.

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In a effort of correction, there is a complex that shows presumable abcde pattern.

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Comparing with market structure and analysis, there may be a continuation of ascending trend which is a correction for previous down side movement of BTC.

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Dot reflects corrective pattern which maybe lead to wave 1 right now

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In such a expanding diagonal maybe it has been better in order to locate motive waves which are incomplete.

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H1 timeframe provides sophisticated waves in which corrective waves are obvious.

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Regarding corrections and subwaves there may be a kind of wave c which is incomplete right now.

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Actually high interest rates not always provide bad news for market

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Market direction is in sensitive situation. Maybe buyers will win the game.

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There is a tendency about formation of correction but it may be step by step.

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There is an incomplete structure that resembles Expanding Triangle.

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Daily observation indicates that there is a deep correction in price but it was really long term.

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It is notable that weak sellers are in doubt about the market direction.

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As a matter of fact there is enough price consolidation with corrective potential of down trend. In order to emphasize on s levels, colors of the levels differ from each other.

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Daily time frame has more data for crypto analysts.