 What the hell is going on in crypto this week? Fed chair Jerome Powell will be speaking on Tuesday and Wednesday. This will of course impact the overall market. Now which way things will go will depend on his tone. So far most Fed officials have had a hawkish tone indicating not only more hikes but also going back up to 50 BPS rate hikes to battle inflation. On Friday we will get the unemployment rate reports which could have a small impact on the overall market as well. But the biggest catalyst this month will be the CPI reports which we will get next week. Bitcoin's higher highs pattern is still in play as long as it stays above $22,000. If we dropped below 22k then we could start looking for scenarios where we swooped the previous lows which is around 21.3k. Overall I think Bitcoin's price continues to range this week leading up to the inflation data reports next week which will set the tone for the rest of the month.