Bitcoin could experience another two months of downside pressure before a bullish chart pattern could lead to a breakout.
Based on historical price movements, the current Bitcoin crash could last nearly two more months before a new bullish chart pattern leads to a price breakout, according to analysts.
The Bitcoin (BTC) price is currently experiencing a downside deviation that could last nearly two months, according to popular analyst Rekt Capital.
The analyst wrote in an Aug. 3 X post:
