22 min listen
957: TRADER WHO NAILED EPIC BITCOIN 2018 COLLAPSE SAYS EXTREME BTC CORRECTION LOOMING - HERE’S HIS TARGET
FromCrypto News Alerts | Daily Bitcoin (BTC) & Cryptocurrency News
957: TRADER WHO NAILED EPIC BITCOIN 2018 COLLAPSE SAYS EXTREME BTC CORRECTION LOOMING - HERE’S HIS TARGET
FromCrypto News Alerts | Daily Bitcoin (BTC) & Cryptocurrency News
ratings:
Length:
25 minutes
Released:
Jun 14, 2022
Format:
Podcast episode
Description
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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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.”
Learn more about your ad choices. Visit megaphone.fm/adchoices
Released:
Jun 14, 2022
Format:
Podcast episode
Titles in the series (100)
599: BITCOIN HITS STOCK-TO-FLOW REBOUND LEVEL NOT SEEN SINCE 2017 ATH!! CRYPTO TO TRANSFORM 4 INDUSTRIES!: Deviation from the stock-to-flow average has always resulted in a reversal to new all-time highs, data shows. Both 2013 and 2017 ultimately saw a two-tier run to an all-time high. The first peak was followed by a significant drawdown in each instance,... by Crypto News Alerts | Daily Bitcoin (BTC) & Cryptocurrency News