Current $BTC thoughts. We had a 20% dump on ETF approval while Barry's selling was all over the news, sentiment was pretty low specially once we broke below our 40 day long consolidation above $41k. Despite all this bearishness, we bounced back and reclaimed the consolidation range. This to me was a sign of strength in the market, it may not work always but you're better off not fading it unless given a reason to. As long as we don't accept back below, reason to expect upside to at least 44k+ again. If we look at the weekly chart, we have essentially gone sideways since December in a very tight range. In uptrends, you expect sideways consolidations to break upwards. Again, not something that'll work 100% of the times but it is a game of probabilities. Having said that, break of this range on the weekly candle is not something I am looking to fade, so if we break down, there's reason to expect at least $36k if not lower and if we break out, the logical area to target would be $50-52k. If $BTC does find it's way down to $30-32K, it would be a gift from the market imo.#ALTSEASON :Can we expect alt season right now? Well, we have already had alt season for a few months now so I'm team neutral on that. I'll continue to take positions on alts that seem like good buys to me but will also take profit at logical areas like I have been doing. I don't think we can get an outsized move from alts to new highs while #BTC is in a range cause continues to be lifeless. IF $ETH starts showing real strength or BTC breaks out, we can start talking about it. Irrespective of what happens in the near/short term, we are all in agreement that prices will trade significantly higher by the end of the year/next year. Overall, imo you'd be better off having an optimistic POV of the market going forward.