Will BTC soon face a major adjustment?

Well-known trader Peter Brandt shared his insights into the BTC market trend, believing that BTC may experience a correction before any substantial growth occurs. With 771,500 followers on social media, Brandt pointed out the apparent price patterns that are currently affecting BTC performance.
What price patterns does BTC exhibit?
Brandt described a specific price pattern of BTC called 'bump, surge, dip, and dump'. He pointed out that this pattern existed before the astonishing surge of BTC last year, when BTC skyrocketed from $50,000 to over $100,000.
Will BTC drop before rising again?
According to Brent, the price of BTC could fall to around $84,000 before rebounding and possibly rising to $150,000. He emphasized that it is currently uncertain whether this cryptocurrency will experience a gradual decline or a long consolidation phase before the rise.
Brandt also mentioned the possible completion of the head and shoulders (H&S) pattern on the BTC daily chart, which could lead to a drop in price to $76,000. The pattern indicates that if BTC loses momentum and breaks below key support levels, a reversal of the uptrend may occur.
Brandt's analysis provides important resources for traders seeking to cope with the complex dynamics of the BTC market. Given the significant support around $90,000 for BTC, traders should remain vigilant against potential downside risks.
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