Despite bullish BTC move. BTC to see the 14-15 area still

showing on this chart are both the last 6 years (top) and months (on bottom). I do this to illustrate the algo phenomenon called the magnetic trade. This Occurs also in daily and weekly levels.

What does magnetic trade mean? Essentially anytime and asset opens a time frame that is far from its new pivot. That point becomes and algo driven magnet to pull price back to it. I have calculated the next yearly pivot. Currently comes in around 14k area at the moment. if you observe the last 6 years of price action you will see this has been and undeniable event traspiring on previous yearly opens to both down and upside.

I am not saying I am bearish. I recently posted a monthly trade from the 17000 area for the monthly H3 which is coming in around 21500 and said I expect that may very well happen first. and we may have a bull run after.....

However I definitely expect the yearly retrace to go as history has shown

Comment:

would like to update this also to say that this developing yearly pivot is now calculated at 16k region if we do not make new highs in the years remainder. I also would like to add that maybe this trade should be considered educational so people understand that I am saying what will happen and has happened the last every year for btcs pivot. obviously if I have a monthly trade that is playing out for several thousand up... I am not gonna front run it for the NEXT yearly pivot that hasn't been made. but I would be willing to find that 5k pivot retrace closer the close