Last week, BTC rallied to $23.4K but fell back quickly. It is very difficult to find the bottom at the moment when inflation is still very high and the US will continue to tighten monetary policies in the near future. If the price has a correction around the $23K area, it is only a short-term correction. Structure and trend remain bearish. If the price loses the $18.5K mark, it can return to the $12.6K price zone
Comment:
BTC is moving in line with the drawn trendline, which I don't expect is happening
