Posted 10/17/2023, 7:04:19 AM
Bitcoin Faces Potential 20%+ Pullback After Hitting $30k Resistance According to Top Trader
- Bitcoin hit $30k but faced resistance, may be setting up for 20%+ pullback according to top trader Bluntz
- Bluntz utilizing Elliott Wave theory, believes recent rally could be ABC correction before further drop
- Bluntz targeting potential Bitcoin price of $22,376 if deep correction plays out
- Bitcoin surged on false reports of SEC approving BlackRock spot BTC ETF, has retraced since
- Bluntz sidelined for now amid choppy market, not convinced Bitcoin will quickly rocket to new highs
