Bitcoin Price Could Crash Below $3,000 in Brutal Worst-Case Scenario, Warns Trader19.2

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 the […]

The post Bitcoin Price Could Crash Below $3,000 in Brutal Worst-Case Scenario, Warns Trader appeared first on CCN Markets

Original source
https://www.ccn.com/crypto/bitcoin-price-crash-3000-brutal-worst-case-scenario/2019/07/08/

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