Peter Brandt: Bitcoin bear market channel has formed; price needs to recover to $93,000 to turn bullish again
ChainCatcher reported that Peter Brandt, the renowned trader and chart analyst who successfully predicted the 2018 bitcoin crash, stated that the bitcoin bear market channel has been completed and has once again issued a sell signal.
Peter Brandt also pointed out that the chart could change at any time. The price needs to rebound to $93,000 to offset the sell signal.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
South Korea may ban corporate investment in stablecoins
Roche Chairman still expects diagnostic products to be impacted by US tariffs
Cerebras Systems hires Morgan Stanley to assist in restarting IPO plans
Iran announces the closure of the stock market
Trending news
MoreCrypto prices
More
