{"id":145277,"date":"2024-12-21T22:00:59","date_gmt":"2024-12-21T20:00:59","guid":{"rendered":"https:\/\/cryptodnes.bg\/en\/?p=145277"},"modified":"2024-12-21T18:44:12","modified_gmt":"2024-12-21T16:44:12","slug":"bitcoin-faces-potential-dip-as-peter-brandt-warns-of-bearish-signal","status":"publish","type":"post","link":"https:\/\/cryptodnes.bg\/en\/bitcoin-faces-potential-dip-as-peter-brandt-warns-of-bearish-signal\/","title":{"rendered":"Bitcoin Faces Potential Dip as Peter Brandt Warns of Bearish Signal"},"content":{"rendered":"<p>Brandt believes <strong><a href=\"https:\/\/cryptodnes.bg\/en\/cryptocurrency\/bitcoin\/\">Bitcoin<\/a> <\/strong>may be forming a bearish reversal pattern on its daily chart, which could signal a sharp decline.<\/p>\n<p>He pointed out that if the cryptocurrency breaks key support levels, it could dip as low as $70,000. Brandt clarified, however, that he is not making a specific prediction, but merely highlighting a possible outcome.<\/p>\n<blockquote class=\"twitter-tweet\">\n<p dir=\"ltr\" lang=\"en\">Hey trolls &#8212; this is not a prediction. Just always pointing out possibilities, not probabilities, not certainties. No screen shot is necessary <a href=\"https:\/\/twitter.com\/search?q=%24BTCA&amp;src=ctag&amp;ref_src=twsrc%5Etfw\">$BTCA<\/a> right angled broadening triangle could project back into the 70s and a test of the parabolic modality <a href=\"https:\/\/t.co\/n5sy6DxAMb\">pic.twitter.com\/n5sy6DxAMb<\/a><\/p>\n<p>\u2014 Peter Brandt (@PeterLBrandt) <a href=\"https:\/\/twitter.com\/PeterLBrandt\/status\/1870080965139104207?ref_src=twsrc%5Etfw\">December 20, 2024<\/a><\/p><\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>At the time of writing, Bitcoin is trading at around $97,500, showing a slight decline in the past 24 hours.<\/p>\n<style>\n    .dark-mode .read-more {background-color: #343a40 !important;}\n<\/style>\n<div class=\"read-more pb-3 pt-3 pt-md-2 px-3 my-4 border bg-light\">\n    <h5 class=\"text-uppercase border-bottom mb-3 pb-1 d-none d-md-block\">READ MORE:<\/h5>\n    <a class=\"article row\" href=\"https:\/\/cryptodnes.bg\/en\/michael-saylor-pushes-bitcoin-strategy-to-boost-u-s-economic-leadership\/\" title=\"Michael Saylor Pushes Bitcoin Strategy to Boost U.S. Economic Leadership\">\n        <div class=\"contentRight col-4\">\n            <span class=\"imgContainer mt-0\">\n                <img decoding=\"async\" class=\"image img-defer\" src=\"https:\/\/cryptodnes.bg\/en\/wp-content\/uploads\/sites\/2\/2022\/07\/mike-saylor-1-240x170.jpg\">\n            <\/span>\n        <\/div>\n        <div class=\"contentLeft col-8\">\n            <h4 class=\"title mb-0\">Michael Saylor Pushes Bitcoin Strategy to Boost U.S. Economic Leadership<\/h4>           \n            \n        <\/div>        \n    <\/a>\n<\/div>\n<p>If Bitcoin fails to maintain its current support around $90,000, Brandt&#8217;s analysis suggests the price could fall to as low as $76,614.\u00a0The trader emphasized that while such a move is not guaranteed, it&#8217;s something to keep an eye on as the market evolves.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Veteran trader Peter Brandt has issued a cautionary note regarding Bitcoin, suggesting that the digital asset could be on the brink of a significant downturn.<\/p>\n","protected":false},"author":7,"featured_media":138566,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[27,24],"tags":[],"class_list":["post-145277","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-bitcoin","category-altcoins"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v24.4 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Bitcoin Faces Potential Dip as Peter Brandt Warns of Bearish Signal<\/title>\n<meta name=\"description\" content=\"Veteran trader Peter Brandt has issued a cautionary note regarding Bitcoin, suggesting that the digital asset could be on the brink of 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