Bitcoin (BTC) looks ready to fall below $30,000 in the coming months, per a confluence of historically accurate technical indicators brought forth by popular analyst Ari Rudd.
The independent market analyst published a thread on Feb. 14, explaining why Bitcoin’s ongoing price recovery — from below $33,000 on Jan. 24 to around $42,000 on Feb. 14 — might not have strong legs.
In doing so, Rudd presented at least three long-term technical setups with extremely bearish outlooks.
They are…
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