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The veteran crypto trader who accurately called the Bitcoin 2018 meltdown is issuing a fresh warning that a severe correction could be looming for the king cryptocurrency (BTC).
Seasoned market analyst Peter Brandt tells his 651,800 Twitter followers Bitcoin must recover its May 31st high of around $32,000 to avoid the risk of a massive capitulation event, sending Bitcoin to a low of $12,700.
“Unless Bitcoin (BTC) can close above the May 31st high, this chart could become a textbook example of the famed ‘Drano’ chart pattern.”
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Show Notes / News Resources:
✔ Bitcoin Technical Analysis: https://bit.ly/3HtTMCT
✔ Tone Vays Calls for Bitcoin Bottom? https://bit.ly/39kEtQg
✔ Updated Crypto Forecast: https://bit.ly/3MKhYlD
✔ Bitcoin $100K EOY Prediction: https://bit.ly/3xMG372
✔ Bitcoin Collapse $12,700 Prediction: https://bit.ly/3NPWxAY
🔴 DISCLAIMER: This is NOT financial advice. This is an entertainment and opinion-based show. I am not a financial adviser. I am not responsible for any investment decisions that you choose to make. Always do your own research and never invest what you cannot afford to lose.
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