#Bitcoin followed stock market crash based on economic news. Whether you like it or not correlation between crypto and US economy is huge. Halving has a delayed effect on supply, so at this moment BTC just follows indices.

Next week will be decisive. S&P500 and NDX are close to ATH and next week candle will show, if there will be bullish continuation, or we will see final rejection and drop back, which in turn will indicate market state for the whole summer. Hope for the best, get ready for the worst.

$BTC closed Friday at 60778. As usual that will be the target for the next week PA regardless where price find itself on Monday open. That is the only and main hint I can give. The rest is fantasy, but I can see BTC at ~59112 at least and possibly revisit ~62250 as well.

P.S. On Day timeframe #BTC is still within downtrend drawing lower highs and lower lows, but Week chart remain within uptrend consolidation.

Nearest liquidity pools:

above - 61640 / 63600 / 64750 / 65615

below - 59800 / 58600 / 57980 / 56225

SR levels to watch PA:

🔸65500 - week high

🔸63088 - week close

🔸60651 - April close

🔸59150 - April low

🔸56975 - Nov'21 close

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