A few hours ago, over $700M was wiped off the market as a result of a speech by Federal Reserve Chair Jerome Powell, where he said the Fed is "not allowed to own Bitcoin."

This statement caused a lot of fear, uncertainty, and doubt. Many people sold off their crypto as a result of this news.

Our long trade on $WIF was going smoothly until the news broke, and we got liquidated.

We are still in a bull market, and this month of December is a bullish month.

$WIF is currently trading at $2.25, and we believe it will break $2.50 -> $2.80 -> $3.00 before the end of the month.

This will happen if we don’t get any bearish news; the bulls will take over.