Also from another macro-angle looks like a re-test of support. Price needs to reclaim $48K soon though. Closing back above the 200 Day MA @ $47,774 would be a good start.



Otherwise with price getting rejected by $48K as is currently the case it opens the door for $46K and lower. At least the end of the week is still to play for.
Am losing my mid-term bullish bias now that $49K support didn't hold and high volume selling has returned to the market though.
Long-term trend remains up but the short-term recovery was nothing more than a dead cat bounce for now.