Bitcoin Is Still Tracing a Textbook Pattern Predicting a Crash to $8,000

It’s clear that Bitcoin is building towards a breakout. The cryptocurrency has converged towards supports in low-$9,000s, with volatility reaching multi-week and multi-month lows. Unfortunately for bulls, a textbook chart pattern is predicting that Bitcoin will break lower from this range, likely to fall towards the $8,000s. Related Reading: BTC Hash Rate Recovers to Pre-Halving Levels,…

Details