Derived from BeInCrypto, Bitcoin (BTC) is currently trading at $94,224, facing challenges in maintaining $95,668 as a support level. Veteran trader Peter Brandt has identified a pattern similar to Bitcoin's 2018 trajectory, known as BHLD (Bump, Lump, Hump, Dump), which could indicate BTC's next move. The Fear and Greed Index shows a shift from Extreme Greed to a lower greed zone, suggesting potential stabilization. However, failure to hold the $95,668 support could lead to a decline, testing $89,800 and delaying recovery until January 2025. This analysis is for informational purposes and not financial advice.
Bitcoin Struggles at $95,000 Amid Peter Brandt's Pattern Analysis
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