Could $BTC go even lower?
1. Tuesday and Wednesday - speeches by the head of the Fed, his speech still causes sales.
2. There are liquidations at both 59k and 53k, so consolidation at 56k is possible before the next movement.
3. The S&P500 made a combo overshoot - $5570, will #Bitcoin reach the top on Monday before the funds open?
4. If the week closes ABOVE 56k,
that is, above the lower level of the week, this may indicate the end of the fall.
5. If the week closes BELOW 56k,
then EMA7 may cross EMA25, which will mean a bearish trend in the medium-term scenario (this is at least).
6. The weekly STOCHRSI lies and can remain for another week.
7. There are volumes to buy at 54, 52, 50 (the largest).
Of course, you can stay in the range of 55-56k, then there is a chance that all the indicators will be unloaded and they will be able to tune in to growth, liquidations will accumulate from above.
I will continue to observe, since the picture has not yet emerged.
