Bitcoin Price Outlook: Top Analysts Flag Worrying Signals—Is a Sharp Pullback Ahead?

Bitcoin (BTC) is down 4.06% on the week. With the weekly and monthly closes in less than two days, sell signals are emerging across all time frames, hinting at exhaustion of the bullish trend. To make matters worse, known crypto analysts are flashing signs of a bitcoin price correction ahead. Why This Might Be A Local Top For Bitcoin? Multiple crypto experts and traders have shared their bearish analysis for the short term signalling a significant shift in the overall market sentiments. We have collected, some of the top expert analysis to get the best picture on Bitcoin’s next price movement. A popular crypto analyst, OrderAndFlow, noted an unconfirmed but potential bearish divergence and bearish swing failure pattern ahead of the monthly close. There’s “nothing to worry about,” said the analyst, but warned that investors must pay attention to tomorrow’s monthly close as it could make or break the bullish… Read More at Coingape.com

The post Bitcoin Price Outlook: Top Analysts Flag Worrying Signals—Is a Sharp Pullback Ahead? appeared first on CoinGape.


Earn more PRC tokens by sharing this post. Copy and paste the URL below and share to friends, when they click and visit Parrot Coin website you earn: https://parrotcoin.net0


PRC Comment Policy

Your comments MUST BE constructive with vivid and clear suggestion relating to the post.

Your comments MUST NOT be less than 5 words.

Do NOT in any way copy/duplicate or transmit another members comment and paste to earn. Members who indulge themselves copying and duplicating comments, their earnings would be wiped out totally as a warning and Account deactivated if the user continue the act.

Parrot Coin does not pay for exclamatory comments Such as hahaha, nice one, wow, congrats, lmao, lol, etc are strictly forbidden and disallowed. Kindly adhere to this rule.

Constructive REPLY to comments is allowed

Leave a Reply