Hello Dear Traders, Few Weeks ago, We witnessed scary fall of btc towards 40k area. frm last few days good amount of accumulation has been done on daily timeframe. i m expecting btc will once again test 53300$ after tht bears will hit hard and we will see btc trading below 40k. i would like to get ur attention on monthly candle of btc. December monthly candle is going close very bearish after successful closing we will see bears hitting hard on btc. Its clear tht we are in bear market, so don't get excited when btc gives small rallies.
Trade closed: target reached
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As Expected btc went below 40k and made local bottom at 33k