Quick take: Timothy Peterson has pointed out that Bitcoin is in ‘bubble territory’ He further warns of a possible 20% drop in the value of BTC Bitcoin has failed to claim the $16k price area as support A rising wedge on the 6-hour chart could mark the beginning of a possible correction Timothy Peterson of Cane Island Alternative Advisors has shared his most recent analysis of Bitcoin (BTC). According to Mr. Peterson, Bitcoin has entered ‘bubble territory’. He explained that […]
