RATE Group | New Bitcoin Trading Indicator Named After Iconic Trader Signals Buy
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New Bitcoin Trading Indicator Named After Iconic Trader Signals Buy

New Bitcoin Trading Indicator Named After Iconic Trader Signals Buy

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A new technical analysis indicator has been launched that is named after an iconic trader who accurately predicted Bitcoin’s bottom over a year before it happened, due to his familiarity with parabolic assets retracing after an overly powerful rally.

The indicator in question gave a sell signal just before last week’s massive Bitcoin price crash, and it just gave a buy signal on the daily, suggesting a powerful reversal may be near.

New Bitcoin Price Chart Indicator Named After Peter Brandt

Crypto investors and traders often perform technical analysis to assist them with predicting trend changes, finding entries and exits for positions, and much more. Technical analysis consists of drawing lines to form patterns on charts in combination with a number of indicators and oscillators.

Related Reading | Peter Brandt Calls For 80%+ Bitcoin Price Decline Over A Year Ago With Chilling Accuracy

A new indicator created by a prominent crypto analyst has been named after Peter Brandt, an iconic…

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