Key Insights:
- Analyst Crypto Patel flagged a bearish flag pattern that could push Bitcoin price toward $46,000 if $66,000 support breaks.
- Analyst Ardi noted that large holders are selling into current price structure and increasing downside risk.
- The Royal Government of Bhutan transferred 123.7 BTC recently, following 643 BTC moved in two days.
Amid the broader crypto market crash, Bitcoin price has plunged 4% today to $66,000. Veteran investor Peter Brandt believes this could be just the beginning of a deeper decline to $49,000. The technical chart shows that BTC is at the lower end of the fractal, and could see a big fall ahead.
Peter Brandt Predicts A Bitcoin Price Crash to $49,285
Veteran trader Peter Brandt said Bitcoin price…
