The legendary trader who accurately predicted Bitcoin’s crash in January of 2018 says BTC looks primed for another sell-off event. Seasoned analyst Peter Brandt tells his 689,700 Twitter followers that Bitcoin is flashing a candlestick formation indicating a fresh move to the downside for the king cryptocurrency. “Please all be aware that Bitcoin BTC is developing the infamous ‘three blind mice’ chart construction.” Source: Peter Brandt/Twitter Although the three blind mice pattern is not a conventional technical formation, Brandt has previously mentioned a similar construction in April 2020 when Bitcoin formed six consecutive bullish weekly candles that saw BTC rallyGo to Source
Author: NixCoin