It doesn't feel like it, in fact it feels the opposite.
But, the price may be about ready to explode higher again.
At least according to the charts:
(Source: https://twitter.com/misterrcrypto/status/1784654061616128179/photo/1)
To me this looks like we could see a major move higher in bitcoin in the coming weeks, or maybe even days.
The macro environment feels bad, but the charts says not much longer until up again.
Which will win out?