Bitcoin is bound to retest support (short term trade)

Everything in the chart. BTC reacted to the resistance in recent hours, it is now bound to go back down to ~18.6K to retest the low. From there on, if support breaks, ~16K is the next target.
Macro remains bleak. We need to see inflation going down to calm down this crash in stocks and therefore BTC. Be aware of "bad news = good news" as well, as investors are searching for cues that central banks might need to become more neutral after this extreme hawkish period.