Since the SEC's involvement at side Binance(BNB)/coinbase, Bitcoin's technical outlook has been impacted. The key question remains whether BTC will retest the $23,000 level, as indicated by the technical view.
This is precisely what we will be monitoring in the near future.
BTC currently appears to be in a bearish phase, with the potential for further downward movement until it reaches the crucial retest zone at $23,000.
Always remember to conduct thorough research, as there are no guarantees in the crypto market.