PetrockFxTrading

๐Ÿ’ฅBEAR SEASON IS OVER - HEREโ€™S WHY๐Ÿค”

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COINBASE:BTCUSD   ๋น„ํŠธ์ฝ”์ธ
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Not a financial advice๐Ÿ™…๐Ÿผโ€โ™‚๏ธ

Just as I said in my first post on 13th December 2021, I made it a fact that a drop to $35,000 is inevitable. You can check the idea here ๐Ÿ‘‡๐Ÿ‘‡


โ€ฆwhere I explained the similarities of this setup to a previous move earlier in 2021.

Then later on, I made an update of the forecast here๐Ÿ‘‡๐Ÿ‘‡


โ€ฆwhere it eventually hit the target here๐Ÿ‘‡๐Ÿ‘‡ at $34,4000/$35,000


With the price rejection at the lower trendline with a bullish pin bar candle on a daily timeframe, which make it the 3rd support zone on the chart, I expect it to be close of bear season.

If price continue with the new bullish move and fails to break the trendline, I expect this last forecast to play out๐Ÿ‘‡๐Ÿ‘‡


What do you think?

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