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Bulls run for cover as bears regain control | May 15th

May 15, 2023
15 May 2023 : 14:02
4 min read

The market saw a 9% decrease last week. Unfortunately for the bulls, there is even more downside in store.

BTC’s weekly market structure flipped from bullish to bearish last week, suggesting the asset is now on a crystal-clear path toward $25,150, its nearest support level.

Buckle up – we’re going for a ride.

TLDR 📃

  • The market has found some demand and will likely go higher in the coming days.

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