Bitcoin looks shaky and another drawdown is likely, crypto writes. $BTC
Peter Schiff expects BTC to go down for similar reasons
Earlier this month, prominent Bitcoin critic and fund manager Peter Schiff, tweeted that the Bitcoin chart was showing a combination of a Double Top and Head and Shoulders patterns. Both are bearish, so he referred to it as an"ominous combination," saying that Bitcoin has a long way to fall if these formations play out.that he was surprised Bitcoin has been holding near $30,000 for a long time now, resisting a further drop.
Ireland Latest News, Ireland Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Here's why central bankers are in El Salvador talking about bitcoinCentral bankers are meeting in El Salvador and have discussed bitcoin. But bitcoin is not the primary focus of the meeting.
Read more »
Marvel Begins Production on ‘Echo’ Disney+ ShowMarvel’s ‘Echo’ is in production; here’s the first official photo from the set:
Read more »
Utah health experts’ advice to parents: Don’t dilute baby formulaDr. Wendy Hobson-Rohrer, a pediatrician and associate vice president for health sciences education at University of Utah Health, advised parents in Tuesday’s livestream: “Don’t go out and buy more supply than what you need for your baby.”
Read more »
Wordle 332, May 17: Hints, answer to today's puzzleLooking for a hint on how to solve today’s Wordle puzzle? Look no further.
Read more »
Madeira ‘embraces’ Bitcoin, and how its president met Michael SaylorThe tiny Portuguese island of Madeira has “adopted” Bitcoin — but what does that mean? Cointelegraph spoke to André Loja, a Madeiran entrepreneur who spearheaded the plan, for the details. (Reporting via JoeNakamoto)
Read more »