“Bitcoin has managed to hold up much better than I thought it might, but the outlook appears to be the same,” Michael Kramer, founder of Mott Capital Management, wrote in a market update published Sunday. “A rising wedge pattern is forming within the bear flag pattern, strengthening the case for this fall lower and potential test $16,400.”
Related posts
-
Crypto Exchange Kraken Adds PNUT, NEIRO, NOT and 16 Other Altcoins to Listing Roadmap
Crypto exchange giant Kraken is adding a slew of altcoins to its listing roadmap, signaling upcoming... -
Crypto Analyst Publishes Daring 2-Day Prediction For Dogecoin Price To Put It At New ATH
Este artículo también está disponible en español. Crypto analyst Master Kenobi has made a bold two-day... -
Ethereum Price Repeats Bullish ‘Megaphone’ Pattern From 2017
Este artículo también está disponible en español. The Ethereum price has formed a key technical pattern...