[Peter Brandt: Bitcoin Shows Sell Signal] BlockBeats News, March 27 – Renowned trader and chart analyst Peter Brandt, who successfully predicted Bitcoin's crash in 2018, released a chart this morning indicating that Bitcoin's price chart has formed an ascending wedge pattern. This is a classic bearish signal, suggesting a potential downside breakout. The chart shows Bitcoin rebounding from a January low of approximately $60,000 to around $71,000 in March, but the upper and lower bounds of the wedge are converging, with the current price hovering in the $65,000–$70,000 range. On March 10 and 16, Peter Brandt had accurately predicted Bitcoin's short-term rebound through technical analysis.