BTC: no need to panic!
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..
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..
Note
There we go... :-)Trade closed: target reached
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.