BTC - Narrative Unchanged Until $25k Recovered
A quick scan of Bitcoin momentum and structure suggests we might top out between 
23K and 
25K locally.
There is still anxiety and uncertainty in markets. I think we need clearer guidance from the Treasury and Fed to recover 25k.
Until then, a sideways between 20k and $25 remains my thesis, with intraweek wicks beyond that possible.
A weekly close over25K invalidates the crab.
Note that this week we have a ton of data: PPI, CPI, jobless, and the ongoing banking drama. There will likely be times of high volatility, trade safely.
23K and 25K locally. There is still anxiety and uncertainty in markets. I think we need clearer guidance from the Treasury and Fed to recover 25k.
Until then, a sideways between 20k and $25 remains my thesis, with intraweek wicks beyond that possible.
A weekly close over
25K invalidates the crab.Note that this week we have a ton of data: PPI, CPI, jobless, and the ongoing banking drama. There will likely be times of high volatility, trade safely.
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