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Bitcoin Price Outlook: Top Analysts Flag Worrying Signals—Is a Sharp Pullback Ahead?

Bitcoin (BTC) is down 4.06% on the week. With the weekly and monthly closes in less than two days, sell signals are emerging across all time frames, hinting at exhaustion of the bullish trend. To make matters worse, known crypto analysts are flashing signs of a bitcoin price correction ahead. Why This Might Be A Local Top For Bitcoin? Multiple crypto experts and traders have shared their bearish analysis for the short term signalling a significant shift in the overall market sentiments. We have collected, some of the top expert analysis to get the best picture on Bitcoin’s next price movement. A popular crypto analyst, OrderAndFlow, noted an unconfirmed but potential bearish divergence and bearish swing failure pattern ahead of the monthly close. There’s “nothing to worry about,” said the analyst, but warned that investors must pay attention to tomorrow’s monthly close as it could make or break the bullish… Read More at Coingape.com

The post Bitcoin Price Outlook: Top Analysts Flag Worrying Signals—Is a Sharp Pullback Ahead? appeared first on CoinGape.

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