Bitcoin Faces Bleak Future, Experts Warn Against New All-Time Highs
Economy

Bitcoin Faces Bleak Future, Experts Warn Against New All-Time Highs

Veteran trader Peter Brandt has warned that Bitcoin (BTC) may struggle to reach new all-time highs (ATH), citing the potential formation of a head and shoulders pattern on its weekly chart. Deteriorating macroeconomic conditions and US interest rate hike speculation are weighing on the cryptocurrency.

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