2024

Bitcoin

Bitcoin exhibited volatile movements due to the impact of the US CPI and PPI data and the FED interest rate decision announced this week. 
Bitcoin, which approached $70,000 after positive data, fell to $67,000 after the FEC decision. 
While investors wonder whether the decline will continue, a new prediction came from experienced analyst Peter Brandt, who correctly predicted that Bitcoin will fall to $ 16,000 in 2022. 
Sharing his predictions for the BTC price, Brandt made a post that would upset investors. 
The master analyst claimed that if the Bitcoin price falls below $ 65,000, the decline will continue and may drop to $ 60,000 or even $ 48,000. 
Accordingly, if the Bitcoin price exceeds the $65,000 level, it may drop to $60,000. If the BTC price falls below $60,000, it may make another 20% correction and drop to $48,000. 
Peter Brandt also signaled that there may be an increase despite the downward scenario. Brandt, who advised Bitcoin investors to follow the weekly close, said that $ 66,000 is important for the weekly close. According to Brandt's chart, a close below $66,000 and a break below $65,000 could push BTC to $60,000. 
However, Brandt pointed out that there is a possibility that Bitcoin will pump from $ 60,000. 
Bitcoin continues to trade at $67,043 at the time of writing. 
<blockquote class="twitter-tweet" data-width="550" data-dnt="true"> 
 Chart of interest – Bitcoin <a href="https://twitter.com/search?q=%24BTC&amp;src=ctag&amp;ref_src=twsrc%5Etfw">$BTC</a> Sometimes the most obvious interpretations of a chart work out, most of the time the charts morph. But the most obvious is this: Break through 65,000, then mkt goes to 60,000 Break through 60,000 mkt goes to 48,000 <a href="https://t.co/JsXXVx2EhV">pic.twitter.com/JsXXVx2EhV</a> 
 — Peter Brandt (@PeterLBrandt) <a href="https://twitter.com/PeterLBrandt/status/1801389733597089944?ref_src=twsrc%5Etfw">June 13, 2024</a>
</blockquote> 
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script> 
*This is not investment advice. 
 Continue Reading: <a href="https://en.bitcoinsistemi.com/bitcoin-btc-is-at-the-crossroads-will-the-bears-or-bulls-win-experienced-analyst-who-found-the-2022-bottom-announced-the-possible-bear-scenario/">Bitcoin (BTC) is at the Crossroads: Will the Bears or Bulls Win? Experienced Analyst Who Found the 2022 Bottom Announced the Possible Bear Scenario!</a>

Bitcoin (BTC) is at the Crossroads: Will the Bears or Bulls Win? Experienced Analyst Who Found the 2022 Bottom Announced the Possible Bear S...

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