Bitcoin Analysis 
Bitcoin’s price marked-down for a fourth consecutive day on Sunday but bullish traders can rejoice in the fact that over those four days the cumulative price drop was only 1.21%. When traders settled-up on BTC for Sunday’s session to close the week, BTC’s price was -$30.4.  
The BTC/USD 1D chart by TradingShot is the first chart we’re analyzing for this Monday. BTC’s price is trading between the 0 fibonacci level [$15,483.74] and 0.5 fib level [$18,462.92], at the time of writing. 
The primary target for bullish BTC market participants is the 0.5 fib level which is also the 4HR MA 200. If bullish traders can regain that level on two important high time frames then they can shift their focus to the 1 fib level [$21,442.11].
Bearish BTC traders are conversely attempting to continue their momentum as they’ve controlled the majority of the price action in 2022. Their first fib target to the downside is the 0 fibonacci level which is a retest of BTC’s mu

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