We rejected multiple times at 6900$ and dropped to 6245$ and we are on the verge of a global recession. Because of that I predict further movement to the downside. Ending with a test of the previous drop at around 3800$. That should happen around the halvening. We will bounce very hard from that and end up testing the previous high of 2019 at the end of this cycle, where I predict that we will reject from around the end of the year. As I stated in my last published post, we have to break the 7950$ range for me to turn bullish. I'm very certain it will still happen this year.
I will start placing longs at sub 4500 and plan to hold till end of the year.
These are my thoughts about how the rest of the year will pan out for BTC.
Thanks for watching.