$BTCUSD #macro #weekly
Bitcoin completed a five wave up structue of the rally off the major low made in Nov 2022:

BTCUSD weekly
I expect a large corrective (a) down, (b) up, (c) down scenario in a macro subwave (B) down of wave ( 3 ) up. In the course of that consolidation, bears can test the green demand zone that starts at 87,730.
MONTH OPENING RANGE

The Monthly support is 111,919.
Bulls shoudl try to defend that level.
Break under the Mothly support-followed by re-test of that level from below would open the door to extension of the move down to 107,784.