Mr4Beast

2023/10/22 19:26

Analyst Nicholas Merten Predicts Bitcoin (BTC) Wil

A widely followed crypto analyst is predicting that Bitcoin (BTC) will be hit hard by selling pressure and make a significant leg downward.

In a new strategy session, crypto trader Nicholas Merten, the host of DataDash, tells his 511,000 YouTube subscribers that the king crypto is setting up for a move to the downside.
According to Merten, the top crypto asset by market cap will have trouble breaking through its channel resistance between $30,000 and $33,000.

“The question here is whether or not we’re going to be able to clear through this channel of resistance, which each and every time has proven as resistance for Bitcoin. This is again why I try to bring people back to the center – I’m not trying to be a permabear or bet against Bitcoin.

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