Veteran futures trader and analyst Peter Brandt predicted that Bitcoin (BTC) could drop below the $29,000 level.
Peter Brandt, 23-24 February in the posts he shared on his Twitter account on news and events in a market are not important, what really matters is how the market reacts to them said and A chart where bitcoin could drop below the $29,000 level shared.
Brandt, February 23 In his first post in his history, he emphasized that it is important how a market reacts to news and event flows.
News and events that reflect the fundamentals of a market are not important. What matters is how a market reacts to the flow of news and events. If the news is positive for a market but the market is not reacting to it, then we know that the market has big problems.
Despite the positive news in the industry crypto market still acting irrational Brandt implied, February 24 In a second post he made with the phrase “Here is a good example like this” on A chart where bitcoin could drop as low as $28,805 gave place.
Today Russia to Ukraine after launching the attack $34,556 declining to the level of bitcoin, CoinGecko according to data currently at $35,490 is being traded.
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