Bitcoin, the largest cryptocurrency by market capitalization, has shown significant weakness in today’s trading session after failing to continue on its instant price rally following yesterday’s release of the April CPI report at 4.9%. So far, the trading week has been negative for the alpha cryptocurrency as it is seen to decline further on its sixth consecutive bearish candle on the daily timeframe. In addition, the legendary crypto trader, Peter Brandt, has raised concerns and a sound warning about a potential bearish chart pattern formation which the alpha cryptocurrency is seen to complete on the daily timeframe. Will Bitcoin Bulls
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Author: coinmaker