I believe that we experienced in the last 2 and a half month is a bear trap.

Facts:
- 1.618 golden ratio hold.
- ARK buys the dip
- Besides ARK my institution accumulate
- Elon Musk holds even though I am not a big fan of his, many people expected that he dumped his coins before TSLA earning report
- Little whales accumulating
- MVRV ratio is on the ground (usually it signs an upcoming rally)

BULLISH CASE:

- break out from the falling wedge
- Break out from RSI resistance line

BEARISH CASE:

- if we break down 1.618

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