$BTC Failed at holding price above 62k level.

It means that we are going lower. Where? The weekly marked structure is still bearish. The next lower low is at 49k and it's possible to reach that level really fast.

If it will be struggling to reach it - that's sign of bulls strength.

Somewhere at 59-60k mark I would like to see the reversal and then finally take the 70k resistance and go to new ATH.

This week is really important to determine the future of Bitcoin.