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Crypto Analyst Predicts Downward Spiral: Bitcoin and Ethereum Brace for Lower Lows, Reveals Target

Crypto analyst Bluntz has predicted further downward trends for Bitcoin and Ethereum, with BTC expected to hit a low of $24,000 in June. Bluntz suggests that both cryptocurrencies have not yet reached their market lows and that Bitcoin's value is projected to further decrease. He identifies a double three Elliott Wave pattern that would send BTC below the $24,800 mark. Bluntz also notes that Ethereum is displaying a bear flag pattern, indicating a continued downward trajectory.

Bitcoin Bitcoin $98,410.52
+0.81%
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