$BTC $IBIT a backtest and higher soon

BTC IBIT: One can count 5-waves up from the $46 low to the last Friday high. A backtest of this bounce is quite normal. I expect another bound to at least AB = CD of $53 area, which is a 10% move from the current position.

One needs to be careful with position sizing though. When BTC goes down and you sell of fear, that is because your position size is too large.

There is a >0% probability that BTC has topped and we're now in a bear market, although this is not my belief, we can't ignore this possibility.

Also ask yourself, if BTC has topped and will take another 10 months to start going up, with a possible drop to $40K, what would you do?