Trader Known For Calling Bottoms Predicts Bounce For Bitcoin, Flashes Warning For Short Sellers
Portfolio Pulse from Mehab Qureshi
Crypto analyst Bluntz predicts a bullish run for Bitcoin (BTC) based on swing failure patterns (SFPS) in daily charts. He warns against short selling and is closely monitoring resistance levels at $28,300 and $29,500.
May 19, 2023 | 12:48 pm
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Bluntz's analysis suggests a bullish run for Bitcoin, potentially impacting its price positively. He advises against short selling and is watching resistance levels at $28,300 and $29,500.
Bluntz's prediction is based on swing failure patterns (SFPS) in daily charts, which suggest a reversal to the upside in a downtrend. This could lead to a bullish run for Bitcoin, positively impacting its price. However, the prediction is subject to change based on market conditions and other factors.
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