UnknownUnicorn35576147

BTC has a reason to be accumulated strongly

Panjang
BINANCE:BTCUSDT   Bitcoin / TetherUS
too bored;DR: Bitcoin will make a rise to 52K, probably.

Bitcoin has formed a pattern that looks similar to a symmetrical triangle. Now that it has broken the upper resistance and retraced quite a bit to the "golden pocket" zone, Bitcoin definitely has the chance to rally to at least 52K. After that, there could be a chance Bitcoin will retrace back to 46K-48K before forming an ascending triangle that, if bullish, will likely retest the "near-ATH-point" 64K.

That temporary downtrend likely is to make investors panic and close their positions, while market makers accumulate. Don't be like those investors and accumulate like those market makers.
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