Markets· ★★★· bearish·

Trader Ansem turns bearish on BTC and ETH, warns of deeper correction

  • —Ansem sees BTC falling below $82,000 and ETH below $2,400
  • —The Invesco QQQ breakout failed, signaling a trend break
  • —Market sentiment is the worst in nine years, the trader says
  • —He keeps a long-term bullish view on bitcoin after a correction
Why it matters: A prominent trader turning bearish adds caution ahead of the Fed decision on Oct. 28 and major tech earnings.
Source: Cryptocurrency.tech