 What the f**k is going on in crypto this week? Bitcoin picked up exactly where it left off on Friday. It's currently threatening another leg down as it went sub $27,000 today. And the rest of the market is pretty much following the king of crypto. So where do we go from here? If we lose this current support level, I would expect to see the price drop towards that next support level sitting at $25,000. Bitcoin currently has a clear bearish divergence on the daily chart. Last time we had a bearish divergence, Bitcoin's price dropped by 51%. That kind of drop would put Bitcoin's price back at the exact bottom we hit during the bear market. Now, I personally don't think that we will see a 51% drop, but a drop between 20 to maybe even 25% could be in the cards. Next week is a Fed interest rate decision with a 91% probability of a 25 basis point height. But what's been igniting this rally is the CPI data. The next one doesn't come until the 10th of May. Don't forget to like and subscribe for more videos just like this.