Bear trap

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