Bitcoin Bearish Trade Idea Still Valid - Readjusted Targets $38KBitcoin / TetherUSBINANCE:BTCUSDTAlchemyMarketsBitcoin has the potential to fall towards $38K as per a daily timeframe bear flag. And on the 1H timeframe, a smaller rising channel breakdown appears to be forming. Overall, macro conditions of a hawkish Fed do not support Bitcoin upside, so be very careful even if Bitcoin recovers into $64 - $64.46K today. $50K level remains a valuable watch as that was a springboard for a previous rally. - Yang