Bitcoin analyst warns of ‘Bart Simpson’ pattern and BTC price correction
Bitcoin (BTC) has broken out of the $60,000 psychological level, regaining the price region above this mark. Following a volatile three-day price action, analysts expect the leading cryptocurrency to present a “Bart Simpson” chart pattern, correcting downwards. In particular, the crypto analyst and trading expert who goes by the pseudonymous CrypNuevo has drawn his Bitcoin price prediction. This projection comes in the form of CrypNuevo ‘s weekly “Sunday Update” and sets the plan for this trading week. The analyst expects a week primarily driven by very short-term price action, liquidation imbalances, and low time frame technical Analysis . As he said, “We have a nice trading week ahead,” considering the “economic calendar is quiet.” Picks for you Expert outlines phases of ‘the biggest ...