Bitcoin does not perform well once this key BTC price moving average crossover occurs, DecenTrader’s FilbFilb shows.
Bitcoin (BTC) may have more to lose if one BTC price chart pattern plays out as usual, warns veteran analyst Filbfilb.
In his latest update on X (formerly Twitter) on Jan. 19, the founder of trading suite DecenTrader sounded the alarm over Bitcoin’s descent to monthly lows.
BTC price action fell to $40,600 overnight, marking almost a 20% retreat from last week’s local highs, data from Cointelegraph Markets Pro and TradingView confirms.
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Source: https://cointelegraph.com/news/bitcoin-trader-called-48k-btc-price-top-bearish