TheWolfOfAltStreet

BTC: no need to panic!

Long
BINANCE:BTCUSDT   Bitcoin / TetherUS
I think it's funny to see how small market moves can drive people to panic. A simple symmitrical triangle like in this chart, combined with the bullish trend, the overwhelming volume on altcoins, it is easy to say that we are far away from bearish.

Of course, Bitcoin must experience a correction again, even in a bullish trend. But I don't expect that point to have been reached at the moment. Next leg up towards 47k, lets see..
Comment:
There we go... :-)
Trade closed: target reached
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