.PeterSchiff warns what Bitcoin holding up 'this well' may lead to. $BTC santimentfeed
of bearish patterns. He named, in particular, the Head and Shoulders and Double Top, both demonstrating very negative signs for further movements of the leading digital currency on the market.
Several times earlier this year, Schiff tweeted that he expected Bitcoin to go well below the $10,000 level should a substantial crash of the price occur below $30,000.Bitcoin remains in bear market: Santiment The analytics team of popular on-chain data distributor Santiment has tweeted that if someone was hoping that the bear market for crypto were over, they are mistaken.
The new price pullback in the market is proof of that. Besides, Santiment has reminded its readers of a 3% decline of the S&P 500 index. According to the agency, Bitcoin remains highly correlated with the traditional equities market, it has remained so in 2022.
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