Veteran Trader Peter Brandt Issues Bitcoin Alert, Says BTC Forming Bearish Pattern

Veteran Trader Peter Brandt Issues Bitcoin Alert, Says BTC Forming Bearish Pattern – Here Are His Targets

Long-time trader Peter Brandt is issuing a warning on Bitcoin BTC BTC - $62903.316 amid the formation of a bearish chart pattern on the flagship crypto asset's weekly time frame. Brandt tells his 737,000 followers on the social media platform X that Bitcoin is forming an inverted expanding triangle pattern on the weekly chart.

Source: dailyhodl.com

Related symbols: BTCUSD

2024-09-07 07:15:01 GMT.

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Price & Market Data

Price: $62903.316

Volume 24h: $44,119,141,665.76

Market Cap: $1,242,736,790,126.17

Description

Bitcoin (BTC) is a cryptocurrency launched in 2010. Users are able to generate BTC through the process of mining. Bitcoin has a current supply of 19,756,287. The last known price of Bitcoin is 62,970.2481002 USD and is up 4.53 over the last 24 hours. It is currently trading on 11703 active market(s) with $43,727,270,107.03 traded over the last 24 hours. More information can be found at https://bitcoin.org/.