Bitcoin AFTER THE STORM, COMES THE SUN

Incredible resistance at the 25200 area showing strong sell pressure.

Some narratives that are taking place right now :
-CME gap filled from Jan 13. Although not always true, many traders have the belief CME gaps are always filled and the narratives in the media are used to reach to those gaps. We just filled the 19500 gap.

-Fud and fud everywhere with Silvergate, Binance Fud, sillicon valley, kucoin, gemini ,etc...

-Interests rates are going up, Capital gain taxes proposal from 20% to 40% by Biden, unemployment rates going up etc...

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1) Is the correction over?
-No one knows that for sure, I am not a magician. However, We should be close to being over and things should be settling soon.

2) Whats next week prediction ?
-The storm is still not done, however, it should be close to being over. In other words, expect volatility and maybe a drop lower. Alts are still not done correcting and could be going up soon. Soon we will have more opportunities for longs and spot long term positions. "AFTER THE STORM, COMES THE SUN" Once the storm settles bulls will come out and start longing. I believe that after this dip we should be reclaiming 25k area and higher. ***DIPS ARE BUY BUYING .*

トレード終了: 利益確定目標に到達:

Target reached. We retested the GP :) We are all up 25% since the call and the CME refill