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Coin Edition 2024-09-06 09:24:20

Bitcoin Forms Ominous ‘Megaphone’ Pattern

Bitcoin (BTC) is currently developing an inverted expanding triangle, also known as a megaphone pattern, according to crypto analyst Peter Brandt. This pattern, characterized by increasing volatility, often precedes major price shifts. Brandt cautions that if Bitcoin tests the lower boundary of this pattern, its price could plummet to approximately $46,000. However, to reignite a The post Bitcoin Forms Ominous ‘Megaphone’ Pattern appeared first on Coin Edition .

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