Home Blockchain News Bitcoin Price Could Crash Below $3,000 in Brutal Worst-Case Scenario, Warns Trader

Bitcoin Price Could Crash Below $3,000 in Brutal Worst-Case Scenario, Warns Trader

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The bitcoin price is at risk of a swift and painful reversal after its parabolic move to $13,868. That’s according to veteran trader Peter Brandt. Brandt says the worst-case scenario is an 80 percent retracement from the 2019 high, implying a fall below $3,000. This bearish scenario would come into play if bitcoin breaks […]

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* First published on ccn.com

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