Reasons to Believe Current Correction in Bitcoin Could Hold –Peter Brandt  

Solomon Odunayo

Technical analysis 3 years ago
1 QCP
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eteran trader with more than 40 years of trading experience, Peter Brandt, has recently aired what he has to say regarding the price trend of Bitcoin. There, he stressed the reasons to believe that the current correction in Bitcoin could hold.

Bitcoin, the largest cryptocurrency by market capitalization, has not had outstanding performance in terms of price trend since its last bullishness. The digital currency, due to its sovereignty in the market, led virtually all other digital tokens into a price uptrend that seemed unstoppable.

But only retained its position above $9,000 resistance for a couple of hours on two occasions, before embarking on its usual price retracement it presently maintains.

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