After Jerome Powell's speech post FOMC, the markets have plunged into a state of uncertainty. The ones suffering the most are the crypto assets, with several percentage points lost along the way.

Over the past 7 days, $BTC has depreciated only by 1.2%. However, on a monthly basis, we are down by 5.5%.

The scenario could complicate further. Breaking convincingly below $108,000 would significantly increase the chances of returning below $100,000, where much liquidity is waiting. Yes, it's true: there is a possibility of removing a zero from the valuation and stepping back into the five-digit territory.

This central zone is the equilibrium point where the weekly fluctuations are concentrating: will we be able to break the extremes of this lateralization?

We all obviously hope for a bullish breakout. This would consist of a progressive conquest first of $115,000 and subsequently of $119,000. However, we must face reality: seasonality and market flows are not on our side, it would really take a miracle. #BitcoinAnalysis