Bitcoin Analyst Sees Final Push to $67,000 Before “Strong” Bearish Breakdown

Legendary analyst Peter Brandt has provided a bearish outlook for the Bitcoin price. He predicted it could crash to as low as $78,000 and explained why he holds such a bearish sentiment.  Peter Brandt Predicts Bitcoin Price Crash To $78,000 In an X post, Peter Brandt predicted that the Bitcoin price could crash to $78,000. This prediction came as he revealed a head and shoulders top pattern. The legendary analyst remarked that a complete formation of this pattern could cause a price breakdown to this target. Brandt added that this pattern might fail with a “thrust hire,” or it might morph....

Bitcoin is laggingly tailing the gold chart trends, and it may face trouble for its delayed correlation. That is due to the precious metal’s latest breakdown move, wherein the price broke out of a Symmetrical Triangle pattern to the downside. Incidentally, Bitcoin is now consolidating inside a similar technical structure, and one analyst predicts it would break bearish just like gold. “Since the COVID Crash of March 2020, it is apparent that gold has been […]

Dogecoin has suffered some of the worst of the crypto bear market after taking a severe hit to its price. In response, DOGE transactions had plunged rapidly, which suggests that the digital asset is falling out of favor with investors. However, despite these bearish trends, one crypto analyst still sees a surge in the future […]

After a turbulent month, the Dogecoin price looks to stabilizing just around the $0.2 level, and it continues to show strength at this level. However, there are some developments on the meme coin’s chart that suggest that there could be some bearish headwinds that could lead to another crash. Crypto analyst MyCryptoParadise outlines this in a recent analysis, showing the possible directions that the Dogecoin price could be headed in as the market unfolds. Dogecoin Price Is Facing Strong Resistance The first thing that stands out is that the crypto analyst explains that the Dogecoin price....

The ongoing bearish pressure in the general crypto market is growing significantly, and Bitcoin, the largest digital asset, has fallen sharply below the $103,000 price mark. With several indicators exhibiting negative signals, the current downward trend seems poised to extend, targeting deeper, crucial support levels. A Notable Bearish Breakdown In Bitcoin’s Price Impending While Bitcoin’s […]