If you hold cryptocurrency then always varied about its price and want to know what's going on in the crypto market. Whether its time to hold the crypto buy more or sell them at the right time without any loss. It's because Bitcoin shows a bullish trend will its rise in price or its falling down. So people are always varied. For that, they look towards the analyst what they say. Here we tell about some of the analyses made by professionals.
Peter Schiff CEO of Euro Pacific Capital said that
“The Bitcoin chart looks horrible. Not only does the flag that followed the recent breakdown project a move to $6K, but we are close to completing the right shoulder of a head and shoulders top, with a $14K head, and neck line just below $8K, that projects a collapse to below $2K,”.
In reply to Peter Schiff, Josh Rager Said that
“Imagine believing that you can actually predict the price of Bitcoin on high time frame charts by using H&S patterns”
According to Peter Brandt
“I think BTC bottoms at $5500 next Feb and then begins a bull move to $50,000”