A veteran dealer who precisely known as Bitcoin’s 2018 crash simply issued a dire warning to crypto merchants.
Peter Brandt is sharing a chart on X that highlights key resistance for BTC at round $102,300.
Brant believes Bitcoin stays in a bearish downward-sloping channel, and bulls are going to really feel rather more ache until patrons step in strongly.
In the event that they don’t, he warns a 33% to 37% value drop is incoming.
“$58,000 to $62,000 is the place I believe it’s going. If it doesn’t go there I’ll NOT be ashamed, so I don’t must see you trolls display shot this sooner or later.
I’m mistaken 50% of the time. It doesn’t trouble me to be mistaken.”
Bitcoin is priced at $92,683 at time of publishing, down 0.21% within the final 24 hours.
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