👻 "Megaphone" Will Determine Bitcoin's Price?
Trader and crypto-analyst Peter Brandt stated that Bitcoin's price will be determined by an indicator called the "megaphone."
"In the megaphone pattern, characterized by diverging trendlines, selling pressure is stronger than buying. Therefore, the asset moves toward the lower boundary. This will determine the coin's value in the near future."
📉 He believes Bitcoin could reach $46K, and a fundamental factor is needed to trigger the return of a bullish trend.