Technical analysis by flipmode_G about Symbol BTC on 5/24/2022

Bitcoin wasn't able to clear the $30.5K area and dropped back down to the range bottom. Actually i can't see any direction but want to give you some important levels and trendlines. If the price breaks down below the support level the overall outlook is quiet negative. A lot of people expecting another bounce back up to $30k - maybe the marketmakers sweep the longs ( stop-loss hunt ) first and bounce from there. DISCLAIMER: This is not financial advice, DYOR!!