An analyst who correctly called Bitcoin’s (BTC) 2018 bear market bottom is predicting a deeper move to the downside for the crypto king. Pseudonymous analyst Bluntz tells his 223,600 Twitter followers that BTC appears to have printed a bearish lower high setup on the four-hour chart. According to Bluntz, BTC’s price action on the lower timeframe suggests that the crypto king has lost momentum and now looks poised for an ABC correction that could send Bitcoin below $28,000. “Savage four-hour forming here on BTC. I am updating my view a little bit and now expecting a deeper decline, a littleGo to Source
Author: NixCoin