Crypto Analyst Says Bitcoin 'Bottom' Not In Yet, Predicts New Six-month Lows
Portfolio Pulse from Bibhu Pattnaik
Crypto trader Bluntz predicts a potential bearish lower-high formation in Bitcoin's trajectory, foreseeing a drop to approximately $23,800, a new six-month low. He also identified potential bearish reversals in the quarterly charts of major tech stocks, including Microsoft, Apple, and Nvidia.
September 24, 2023 | 7:10 pm
News sentiment analysis
Sort by:
Descending
NEGATIVE IMPACT
Potential bearish reversal identified in Apple's quarterly chart.
The identification of a potential bearish reversal in Apple's quarterly chart by a well-known trader could negatively impact its stock price in the short term.
CONFIDENCE 80
IMPORTANCE 70
RELEVANCE 60
NEGATIVE IMPACT
Bitcoin is predicted to drop to a new six-month low of $23,800.
The prediction of a bearish lower-high formation and a drop to a new six-month low by a well-known trader could negatively impact Bitcoin's price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100
NEGATIVE IMPACT
Potential bearish reversal identified in Microsoft's quarterly chart.
The identification of a potential bearish reversal in Microsoft's quarterly chart by a well-known trader could negatively impact its stock price in the short term.
CONFIDENCE 80
IMPORTANCE 70
RELEVANCE 60
NEGATIVE IMPACT
Potential bearish reversal identified in Nvidia's quarterly chart.
The identification of a potential bearish reversal in Nvidia's quarterly chart by a well-known trader could negatively impact its stock price in the short term.
CONFIDENCE 80
IMPORTANCE 70
RELEVANCE 60