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The Daily Hodl 2024-07-07 07:04:26

Top Trader Warns of November 2018-Style Capitulation for Bitcoin After ‘Massive Range Breakdown’

A veteran trader says he’s hesitant to flip bullish on Bitcoin (BTC) just yet considering the possibility of another November 2018-style crash. In November of 2018, BTC broke down below $6,000 after consolidating in a narrow range for over six months, and while many were eager to buy the dip, Bitcoin didn’t bottom out until The post Top Trader Warns of November 2018-Style Capitulation for Bitcoin After ‘Massive Range Breakdown’ appeared first on The Daily Hodl .

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