25/05/26 Weekly Outlook

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25/05/26 Weekly OutlookBitcoin / TetherUSBINANCE:BTCUSDTProR35Last weeks high: $78,200.00 Last weeks low: $74,289.60 Midpoint: $76,244.80 Bitcoin ended the week in an almost identical position it started in, however with a new lower high and lower low since tagging the 1D 200 EMA it is clear the bears still have HTF control. The sweep of $75k support is an interesting move and one I think will dictate this weeks price movements. A v-shaped recovery after Friday and Saturdays drawdown suggests there are willing buyers at support, but in doing so there are some notable levels of inefficiency that I believe will be filled this week. In that case given the shorter work week and the structure of the range the trading environment looks to be rotational with a bearish bias. Lets see if those buyers at $75k are still willing to defend the position on the retest. To add to the bearish bias there were notable ETF outflows across the board last week and of course the macro geopolitical environment remains a big question mark. For the bulls a reclaim of the weekly high with acceptance would be a great place to push forward from as it would invalidate a lot of short sellers who place their stop losses above the notable highs, and therefore becoming forced buyers.