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Veteran Futures Trader Peter Brandt Predicts Bitcoin May Fall Below $28k If Price Doesn’t Hold Above $30K
According to Brandt, the first movement could see BTC either hold above the $30,000 price level, while the second movement may see Bitcoin crash below $28,000.
“Now that $28,000 is so widely accepted as a downside target, I am forced to change my view. Either the price holds above $30,000 or tanks through $28,000,” the veteran futures trader shared his views on Twitter.
Now that 28,000 is so widely accepted as downside target I am forced to change my view. Either price holds above 30,000 or tanks through 28,000
— Peter Brandt (@PeterLBrandt) May 8, 2022