Contrary Predictions for Bitcoin: Anticipated Downward Movement and Potential Bull Trap

Bitcoin, which became known for predicting the bottom price of the bear market in 2018 and realizing this forecast, made a dissenting comment by renowned crypto analyst Bluntz, stating he expects a deep downward movement. Bitcoin’s Retreat to $27,000 Anticipated Anonymous crypto analyst Bluntz said that the downtrend in the four-hour price chart of BTC is dominant and expects this downward trend to push the price to the lowest level seen recently. According to Bluntz, the price movement of BTC in the lower time frame indicates that the largest crypto currency is losing momentum and seems ready for an ABC correction that could push the price below $28,000: BTC has a frightening formation in the four-hour time frame. I am updating my forecast for Bitcoin a bit and now I expect a deeper decline. I previously said I expected a retreat of up to $29,000, but now I expect a […] The post Contrary Predictions for Bitcoin: Anticipated Downward Movement and Potential Bull Trap appeared first on COINTURK NEWS.