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That was in stark contrast to gains seen in the traditional markets, which managed to charge higher for the second day in a row amid the release of several high-profile third-quarter earnings reports. — Rager 📈 October 17, 2022 Insight into what level it may pull back to should another downturn occur was provided by Caleb Franzen, senior market analyst at Cubic Analytics, who posted the following tweet predicting a possible drawdown to the $15,300-$15,900 region.
— Caleb Franzen October 18, 2022 In a follow-up tweet that provided a read on how likely Franzen expects such a drop to occur, the analyst wrote, “I might just place a new limit order at $18.2k. For what it’s worth, each time I’ve tweeted about placing a limit order for BTC, it’s been filled within a week.
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