$BTC weekly update.
To be honest, the current price structure looks very similar to the one we had in 2021.
Similarity does not mean it will play out exactly the same. But it is a warning sign, that if 25k is broken, there will be more pain for bulls.
However, if 25k can be defensed, we can expect a ping-pong range between 25k and 30k in the next few months.
To sum up, this is still no trade-zone for me. There is no confidence to margin long here (Only hold spot), and there is no way I will punt a short when we are resting at a strong support level.
