Bitcoin

Cryptocurrency news - Trader Peter Brandt and Popular Analysts Warn! they predict another Bitcoin price drop. Trader Peter Brandt and other popular analysts think there is a risk that the Bitcoin price could fall back to the $ 25000 level. Are these levels the best price to buy on these dips?Crypto and equity markets suffered shocks on Thursday and Friday, which sent most stocks and digital assets down towards the end of the week. The feeling of greed and fear suddenly changed from neutral to fearful after the recent Bitcoin price crash, which triggered sell-offs in the broader crypto market.Veteran trader Peter Brandt once again sounded the warning for the Bitcoin market. He explained that the BTC price is retesting the neckline in the underlying inverse head and shoulders pattern. Peter Brandt predicts that the BTC price will fall and warns that a close below 24,800 will damage the daily and weekly charts.Market analyst Rekt Capital stated that Bitcoin is giving a very bearish technical signal. With the completion of the Double Top pattern, BTC may soon see $ 26,000 as resistance instead of support, as in downward trends.Popular crypto analyst CrediBULL Crypto, Crypto Tony and Crypto Birb predict $25k as the best price to buy on this dip. CrediBULL Crypto predicts that the Bitcoin price will not fall below $25,000 and that a similar market correction will occur before the BTC price reaches its all-time high.Adrian Zduńczyk shared a chart highlighting that BTC can be bought for $25,000. BTC price is trading at $26000, down 2% in the last 24 hours. The 24 hour lows and highs are $25668 and $26587 respectively. Moreover, the trading volume has dropped by 45% in the last 24 hours, indicating a decline in interest among investors.Meanwhile, the ETH price also fell by 2% in the last 24 hours and is currently trading at $1660. It is unable to maintain the upward momentum following reports that the SEC may approve the Ether futures ETF. Trading volume has decreased by 55% in the last 24 hours.Despite the current decline, Bitcoin is up nearly 50 per cent year-to-date. Binance CEO &#34;CZ&#34; also drew attention to the negative mood spreading in the market and suggested &#34;looking at the big picture&#34;.

Trader Peter Brandt and Popular Analysts Warn! They Predict Another Bitcoin Price Drop

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