Peter Brandt issues another warning: The Bitcoin bear market has not yet ended
The veteran trader who accurately predicted the crash in 2018 points out that BTC is currently near the lower bound of the logarithmic channel, suggesting the bear market continues, with targets possibly dropping to $58,000.
Previously, he predicted that BTC would rebound after hitting the bottom in October, starting a new bull market. The market rhythm is complex, and caution is still needed in the short term.
Follow me to grasp the market rhythm.
#BTC何时反弹？ #贵金属巨震 #加密市场回调 #CZ币安广场AMA #美国PPI数据高于预期 $BTC $ETH $SOL
The veteran trader who accurately predicted the crash in 2018 points out that BTC is currently near the lower bound of the logarithmic channel, suggesting the bear market continues, with targets possibly dropping to $58,000.
Previously, he predicted that BTC would rebound after hitting the bottom in October, starting a new bull market. The market rhythm is complex, and caution is still needed in the short term.
Follow me to grasp the market rhythm.
#BTC何时反弹？ #贵金属巨震 #加密市场回调 #CZ币安广场AMA #美国PPI数据高于预期 $BTC $ETH $SOL
