{"id":646060,"date":"2024-10-03T14:00:44","date_gmt":"2024-10-03T14:00:44","guid":{"rendered":"https:\/\/wncen.com\/?p=646060"},"modified":"2024-10-03T09:54:43","modified_gmt":"2024-10-03T09:54:43","slug":"bitcoin-three-blind-mice-pattern","status":"publish","type":"post","link":"https:\/\/wncen.com\/news\/bitcoin\/bitcoin-three-blind-mice-pattern\/","title":{"rendered":"Veteran Crypto Trader Says Bitcoin Is Forming A ‘Three Blind Mice’ Pattern, What Does This Mean?"},"content":{"rendered":"

Veteran crypto trader Peter Brandt<\/span><\/a> has stated that Bitcoin (BTC) is forming a \u2018three blind mice\u2019 pattern without confirming whether this is <\/span>bullish or bearish<\/span><\/a> for the flagship crypto. His statement has got the crypto community searching for answers as to what this pattern might mean for BTC.\u00a0<\/span><\/p>\n

Veteran Crypto Trader Says Bitcoin Has Formed \u2018Three Blind Mice Pattern\u2019<\/h2>\n

Peter Brandt<\/span><\/a> stated in an X post that Bitcoin had formed the infamous \u201cThree Blind Mice and a Piece of Cheese\u201d trading pattern. However, the veteran trader didn\u2019t provide more insights as to what he meant by this pattern. His accompanying chart suggested that this might be bearish for BTC as the last candlesticks that formed on the chart hinted at a downtrend.\u00a0<\/span><\/p>\n

Related Reading: Dogecoin At $10 Thesis: What Each Breakout Cycle Says About The DOGE Price<\/a><\/div>\n
\"Bitcoin
Source: X<\/figcaption><\/figure>\n

The \u2018Three Blind Mice\u2019 pattern is said to appear after an uptrend in the market, indicating a bearish reversal. This means that the bears now have the upper hand in the market, and Bitcoin is likely to suffer <\/span>more downward pressure<\/span><\/a>. Indeed, this looks to be Bitcoin\u2019s current price action considering the crypto\u2019s retracement since it climbed above $65,000 last week.\u00a0<\/span><\/p>\n

Bitcoin rose above $65,000 as it headed for its best monthly close in September since 2013. However, since October began, the flagship crypto has witnessed a significant price correction, suggesting that it might once again be in bearish territory. BTC has yet to lose <\/span>its critical support at $60,000<\/span><\/a>, which has provided some comfort to the Bulls.\u00a0<\/span><\/p>\n

Bitcoin\u2019s price correction has been primarily due to the rising tensions in the Middle East, with the escalation of the conflict between Israel and Iran. The flagship crypto retested the $60,000 support level following <\/span>Iran\u2019s missile strike on Israel<\/span><\/a>.\u00a0<\/span><\/p>\n

Meanwhile, Peter Brandt\u2019s earlier X post suggests that the veteran trader is currently bearish on Bitcoin\u2019s trajectory. He stated that the recent BTC rally didn\u2019t disturb the \u201c7-month sequence of lower highs and lower lows.\u201d He added that only a close above $71,000, confirmed by a new <\/span>all-time high (ATH)<\/span><\/a>, will indicate that the trend from the November 22 low remains in force.\u00a0<\/span><\/p>\n

 <\/p>\n

\"BTC
Source: X<\/figcaption><\/figure>\n

Bitcoin Could Drop To As Low As $52,000<\/h2>\n

Crypto analyst Ali Martinez<\/span><\/a> has also predicted that Bitcoin could drop to as low as $52,000. He stated that this would happen if the governing pattern behind the recent price action were a descending parallel channel. <\/span>Analyst Justin Bennett<\/span><\/a> also provided a bearish outlook for BTC, stating that a case can be made for the flagship crypto dropping to $51,000.\u00a0\u00a0<\/span><\/p>\n

Related Reading: Still Holding Your Hamster Kombat Tokens? You Might Be In For A Nice Surprise Soon<\/a><\/div>\n
\"Bitcoin
Source: X<\/figcaption><\/figure>\n

However, he added that he isn\u2019t certain of the drop to $51,000 right now. What he is more certain of is <\/span>Bitcoin dropping to $57,000<\/span><\/a>, having reached his first target of $60,000. He also warned Bitcoin investors about any relief rally that the flagship crypto might enjoy while stating that the failure at $64,700 has opened up <\/span>sell-side liquidity<\/span><\/a>.<\/span><\/p>\n

\"BTC
Source: X<\/figcaption><\/figure>\n

At the time of writing, Bitcoin is trading at around $61,000, down in the last 24 hours, according to <\/span>data<\/span><\/a> from CoinMarketCap.\u00a0<\/span><\/p>\n

\"Bitcoin
BTC price drops to $60,000 | Source: BTCUSD on Tradingview.com<\/a><\/figcaption><\/figure>\n
Featured image created with Dall.E, chart from Tradingview.com<\/div>\n","protected":false},"excerpt":{"rendered":"

Veteran crypto trader Peter Brandt has stated that Bitcoin (BTC) is forming a \u2018three blind mice\u2019 pattern without confirming whether this is bullish or bearish for the flagship crypto. His statement has got the crypto community searching for answers as to what this pattern might mean for BTC.\u00a0 Veteran Crypto Trader Says Bitcoin Has Formed \u2018Three Blind Mice Pattern\u2019 Peter Brandt stated in an X post that Bitcoin had formed the infamous \u201cThree Blind Mice and a Piece of Cheese\u201d trading pattern. However, the veteran trader didn\u2019t provide more insights as to what he meant by this pattern. His accompanying chart suggested that this might be bearish for BTC as the last candlesticks that formed on the chart hinted at a downtrend.\u00a0 Related Reading: Dogecoin At $10 Thesis: What Each Breakout Cycle Says About The DOGE Price The \u2018Three Blind Mice\u2019 pattern is said to appear after an uptrend in the market, indicating a bearish reversal. This means that the bears now have the upper hand in the market, and Bitcoin is likely to suffer more downward pressure. Indeed, this looks to be Bitcoin\u2019s current price action considering the crypto\u2019s retracement since it climbed above $65,000 last week.\u00a0 Bitcoin rose above $65,000 as it headed for its best monthly close in September since 2013. However, since October began, the flagship crypto has witnessed a significant price correction, suggesting that it might once again be in bearish territory. BTC has yet to lose its critical support at $60,000, which has provided some comfort to the Bulls.\u00a0 Bitcoin\u2019s price correction has been primarily due to the rising tensions in the Middle East, with the escalation of the conflict between Israel and Iran. The flagship crypto retested the $60,000 support level following Iran\u2019s missile strike on Israel.\u00a0 Meanwhile, Peter Brandt\u2019s earlier X post suggests that the veteran trader is currently bearish on Bitcoin\u2019s trajectory. He stated that the recent BTC rally didn\u2019t disturb the \u201c7-month sequence of lower highs and lower lows.\u201d He added that only a close above $71,000, confirmed by a new all-time high (ATH), will indicate that the trend from the November 22 low remains in force.\u00a0   Bitcoin Could Drop To As Low As $52,000 Crypto analyst Ali Martinez has also predicted that Bitcoin could drop to as low as $52,000. He stated that this would happen if the governing pattern behind the recent price action were a descending parallel channel. Analyst Justin Bennett also provided a bearish outlook for BTC, stating that a case can be made for the flagship crypto dropping to $51,000.\u00a0\u00a0 Related Reading: Still Holding Your Hamster Kombat Tokens? You Might Be In For A Nice Surprise Soon However, he added that he isn\u2019t certain of the drop to $51,000 right now. What he is more certain of is Bitcoin dropping to $57,000, having reached his first target of $60,000. He also warned Bitcoin investors about any relief rally that the flagship crypto might enjoy while stating that the failure at $64,700 has opened up sell-side liquidity. At the time of writing, Bitcoin is trading at around $61,000, down in the last 24 hours, according to data from CoinMarketCap.\u00a0 Featured image created with Dall.E, chart from Tradingview.com<\/p>\n","protected":false},"author":594,"featured_media":646092,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[5651],"tags":[167,428,656,679,1119,89185,1122,1144,78790,6664,26263,14690],"class_list":["post-646060","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-bitcoin","tag-analyst","tag-bitcoin","tag-bitcoin-news","tag-bitcoin-price","tag-btc","tag-btc-news","tag-btc-price","tag-btcusd","tag-btcusdt","tag-crypto","tag-crypto-analyst","tag-crypto-news"],"acf":[],"yoast_head":"\nVeteran Crypto Trader Says Bitcoin Is Forming A 'Three Blind Mice' Pattern, What Does This Mean?<\/title>\n<meta name=\"description\" content=\"Peter Brandt has stated that Bitcoin is forming a \u2018three blind mice\u2019 pattern without confirming whether this is bullish or bearish\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/wncen.com\/news\/bitcoin\/bitcoin-three-blind-mice-pattern\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Veteran Crypto Trader Says Bitcoin Is Forming A 'Three Blind Mice' Pattern, What Does This Mean?\" \/>\n<meta property=\"og:description\" content=\"Peter Brandt has stated that Bitcoin is forming a \u2018three blind mice\u2019 pattern without confirming whether this is bullish or bearish\" \/>\n<meta property=\"og:url\" content=\"https:\/\/wncen.com\/news\/bitcoin\/bitcoin-three-blind-mice-pattern\/\" \/>\n<meta property=\"og:site_name\" content=\"NewsBTC\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/newsbtc\" \/>\n<meta property=\"article:published_time\" content=\"2024-10-03T14:00:44+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2024-10-03T09:54:43+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/wncen.com\/wp-content\/uploads\/2024\/10\/Bitcoin_a2e53a.jpeg?fit=1792%2C1024\" \/>\n\t<meta property=\"og:image:width\" content=\"1792\" \/>\n\t<meta property=\"og:image:height\" content=\"1024\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Scott Matherson\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@https:\/\/twitter.com\/MathersonScott\" \/>\n<meta name=\"twitter:site\" content=\"@newsbtc\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Scott Matherson\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"4 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"NewsArticle\",\"@id\":\"https:\/\/wncen.com\/news\/bitcoin\/bitcoin-three-blind-mice-pattern\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/wncen.com\/news\/bitcoin\/bitcoin-three-blind-mice-pattern\/\"},\"author\":{\"name\":\"Scott Matherson\",\"@id\":\"https:\/\/wncen.com\/#\/schema\/person\/b728e21249a8147d980445b0ee98f18d\"},\"headline\":\"Veteran Crypto Trader Says Bitcoin Is Forming A ‘Three Blind Mice’ Pattern, What Does This Mean?\",\"datePublished\":\"2024-10-03T14:00:44+00:00\",\"dateModified\":\"2024-10-03T09:54:43+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/wncen.com\/news\/bitcoin\/bitcoin-three-blind-mice-pattern\/\"},\"wordCount\":593,\"publisher\":{\"@id\":\"https:\/\/wncen.com\/#organization\"},\"image\":{\"@id\":\"https:\/\/wncen.com\/news\/bitcoin\/bitcoin-three-blind-mice-pattern\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/wncen.com\/wp-content\/uploads\/2024\/10\/Bitcoin_a2e53a.jpeg?fit=1792%2C1024\",\"keywords\":[\"analyst\",\"bitcoin\",\"Bitcoin news\",\"bitcoin price\",\"btc\",\"BTC news\",\"btc price\",\"btcusd\",\"BTCUSDT\",\"crypto\",\"crypto analyst\",\"crypto news\"],\"articleSection\":[\"Bitcoin\"],\"inLanguage\":\"en-US\",\"copyrightYear\":\"2024\",\"copyrightHolder\":{\"@id\":\"https:\/\/wncen.com\/#organization\"}},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/wncen.com\/news\/bitcoin\/bitcoin-three-blind-mice-pattern\/\",\"url\":\"https:\/\/wncen.com\/news\/bitcoin\/bitcoin-three-blind-mice-pattern\/\",\"name\":\"Veteran Crypto Trader Says Bitcoin Is Forming A 'Three Blind Mice' Pattern, What Does This Mean?\",\"isPartOf\":{\"@id\":\"https:\/\/wncen.com\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/wncen.com\/news\/bitcoin\/bitcoin-three-blind-mice-pattern\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/wncen.com\/news\/bitcoin\/bitcoin-three-blind-mice-pattern\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/wncen.com\/wp-content\/uploads\/2024\/10\/Bitcoin_a2e53a.jpeg?fit=1792%2C1024\",\"datePublished\":\"2024-10-03T14:00:44+00:00\",\"dateModified\":\"2024-10-03T09:54:43+00:00\",\"description\":\"Peter Brandt has stated that Bitcoin is forming a \u2018three blind mice\u2019 pattern without confirming whether this is bullish or bearish\",\"breadcrumb\":{\"@id\":\"https:\/\/wncen.com\/news\/bitcoin\/bitcoin-three-blind-mice-pattern\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/wncen.com\/news\/bitcoin\/bitcoin-three-blind-mice-pattern\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/wncen.com\/news\/bitcoin\/bitcoin-three-blind-mice-pattern\/#primaryimage\",\"url\":\"https:\/\/wncen.com\/wp-content\/uploads\/2024\/10\/Bitcoin_a2e53a.jpeg?fit=1792%2C1024\",\"contentUrl\":\"https:\/\/wncen.com\/wp-content\/uploads\/2024\/10\/Bitcoin_a2e53a.jpeg?fit=1792%2C1024\",\"width\":1792,\"height\":1024,\"caption\":\"Bitcoin\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/wncen.com\/news\/bitcoin\/bitcoin-three-blind-mice-pattern\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/wncen.com\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Veteran Crypto Trader Says Bitcoin Is Forming A ‘Three Blind Mice’ Pattern, What Does This Mean?\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/wncen.com\/#website\",\"url\":\"https:\/\/wncen.com\/\",\"name\":\"NewsBTC\",\"description\":\"Bitcoin & Cryptocurrency News Today\",\"publisher\":{\"@id\":\"https:\/\/wncen.com\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/wncen.com\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\/\/wncen.com\/#organization\",\"name\":\"NewsBTC\",\"url\":\"https:\/\/wncen.com\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/wncen.com\/#\/schema\/logo\/image\/\",\"url\":\"https:\/\/wncen.com\/wp-content\/uploads\/2020\/06\/logo-min.png?fit=157%2C46\",\"contentUrl\":\"https:\/\/wncen.com\/wp-content\/uploads\/2020\/06\/logo-min.png?fit=157%2C46\",\"width\":157,\"height\":46,\"caption\":\"NewsBTC\"},\"image\":{\"@id\":\"https:\/\/wncen.com\/#\/schema\/logo\/image\/\"},\"sameAs\":[\"https:\/\/www.facebook.com\/newsbtc\",\"https:\/\/x.com\/newsbtc\",\"https:\/\/www.youtube.com\/channel\/UC9v9erBEru5y4c3FA0wehEw\"]},{\"@type\":\"Person\",\"@id\":\"https:\/\/wncen.com\/#\/schema\/person\/b728e21249a8147d980445b0ee98f18d\",\"name\":\"Scott Matherson\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/wncen.com\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/3d21ae3d2529ce2df4466b61ea80b449?s=96&d=mm&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/3d21ae3d2529ce2df4466b61ea80b449?s=96&d=mm&r=g\",\"caption\":\"Scott Matherson\"},\"description\":\"Scott Matherson is a prominent crypto writer at NewsBTC with a knack for capturing the pulse of the market, covering pivotal shifts, technological advancements, and regulatory changes with precision. Having witnessed the evolving landscape of the crypto world firsthand, Scott is able to dissect complex crypto topics and present them in an accessible and engaging manner. Scott's dedication to clarity and accuracy has made him an indispensable asset, helping to demystify the complex world of cryptocurrency for countless readers. Scott\u2019s experience spans a number of industries outside of crypto including banking and investment. He has brought his vast experience from these industries into crypto, which allows him to understand even the most complex topics and break them down in a way that is easy for readers from all works of life to understand. Scott\u2019s pieces have helped to break down cryptocurrency processes and how they work, as well as the underlying groundbreaking technology that makes them so important to everyday life. With years of experience in the crypto market, Scott began to focus on his true passion: writing. During this time, Scott has been able to author countless influential pieces that have drawn in millions of readers and have shaped public opinion across various important topics. His repertoire spans hundreds of articles on various sectors in the crypto industry, including decentralized finance (DeFi), decentralized exchanges (DEXes), Staking, Liquid Staking, emerging technologies, and non-fungible tokens (NFTs), among others. Scott\u2019s influence is not just limited to the countless discussions that his publications have sparked but also as a consultant for major projects in the space. He has consulted on issues ranging from crypto regulations to new technology deployment. Scott\u2019s expertise also spans community building and contributes to a number of causes to further the development of the crypto industry. Scott is an advocate for sustainable practices within the crypto industry and has championed discussions around green blockchain solutions. His ability to keep in line with market trends has made his work a favorite among crypto investors. In his personal life, Scott is an avid traveler and his exposure to the world and various way of life has helped him to understand how important technologies like the blockchain and cryptocurrencies are. This has been key in his understanding of its global impact, as well as his ability to connect socio-economic developments to technological trends around the globe like no one else. Scott is known for his work in community education to help people understand crypto technology and how its existence impacts their lives. He is a well-respected figure in his community, known for his work in helping to enlighten and inspire the next generation as they channel their energies into pressing issues. His work is a testament to his dedication and commitment to education and innovation, as well as the promotion of ethical practices in the rapidly developing world of cryptocurrencies. Scott stands steady in the frontlines of the crypto revolution and is committed to helping to shape a future that promotes the development of technology in an ethical manner that translates to the benefit of all in the society.\",\"sameAs\":[\"https:\/\/x.com\/https:\/\/twitter.com\/MathersonScott\"],\"url\":\"https:\/\/wncen.com\/author\/mathersonscott1\/\"}]}<\/script>\n","yoast_head_json":{"title":"Veteran Crypto Trader Says Bitcoin Is Forming A 'Three Blind Mice' Pattern, What Does This Mean?","description":"Peter Brandt has stated that Bitcoin is forming a \u2018three blind mice\u2019 pattern without confirming whether this is bullish or bearish","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/wncen.com\/news\/bitcoin\/bitcoin-three-blind-mice-pattern\/","og_locale":"en_US","og_type":"article","og_title":"Veteran Crypto Trader Says Bitcoin Is Forming A 'Three Blind Mice' Pattern, What Does This Mean?","og_description":"Peter Brandt has stated that Bitcoin is forming a \u2018three blind mice\u2019 pattern without confirming whether this is bullish or bearish","og_url":"https:\/\/wncen.com\/news\/bitcoin\/bitcoin-three-blind-mice-pattern\/","og_site_name":"NewsBTC","article_publisher":"https:\/\/www.facebook.com\/newsbtc","article_published_time":"2024-10-03T14:00:44+00:00","article_modified_time":"2024-10-03T09:54:43+00:00","og_image":[{"width":1792,"height":1024,"url":"https:\/\/wncen.com\/wp-content\/uploads\/2024\/10\/Bitcoin_a2e53a.jpeg?fit=1792%2C1024","type":"image\/jpeg"}],"author":"Scott Matherson","twitter_card":"summary_large_image","twitter_creator":"@https:\/\/twitter.com\/MathersonScott","twitter_site":"@newsbtc","twitter_misc":{"Written by":"Scott Matherson","Est. reading time":"4 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"NewsArticle","@id":"https:\/\/wncen.com\/news\/bitcoin\/bitcoin-three-blind-mice-pattern\/#article","isPartOf":{"@id":"https:\/\/wncen.com\/news\/bitcoin\/bitcoin-three-blind-mice-pattern\/"},"author":{"name":"Scott Matherson","@id":"https:\/\/wncen.com\/#\/schema\/person\/b728e21249a8147d980445b0ee98f18d"},"headline":"Veteran Crypto Trader Says Bitcoin Is Forming A ‘Three Blind Mice’ Pattern, What Does This Mean?","datePublished":"2024-10-03T14:00:44+00:00","dateModified":"2024-10-03T09:54:43+00:00","mainEntityOfPage":{"@id":"https:\/\/wncen.com\/news\/bitcoin\/bitcoin-three-blind-mice-pattern\/"},"wordCount":593,"publisher":{"@id":"https:\/\/wncen.com\/#organization"},"image":{"@id":"https:\/\/wncen.com\/news\/bitcoin\/bitcoin-three-blind-mice-pattern\/#primaryimage"},"thumbnailUrl":"https:\/\/wncen.com\/wp-content\/uploads\/2024\/10\/Bitcoin_a2e53a.jpeg?fit=1792%2C1024","keywords":["analyst","bitcoin","Bitcoin news","bitcoin price","btc","BTC news","btc price","btcusd","BTCUSDT","crypto","crypto analyst","crypto news"],"articleSection":["Bitcoin"],"inLanguage":"en-US","copyrightYear":"2024","copyrightHolder":{"@id":"https:\/\/wncen.com\/#organization"}},{"@type":"WebPage","@id":"https:\/\/wncen.com\/news\/bitcoin\/bitcoin-three-blind-mice-pattern\/","url":"https:\/\/wncen.com\/news\/bitcoin\/bitcoin-three-blind-mice-pattern\/","name":"Veteran Crypto Trader Says Bitcoin Is Forming A 'Three Blind Mice' Pattern, What Does This Mean?","isPartOf":{"@id":"https:\/\/wncen.com\/#website"},"primaryImageOfPage":{"@id":"https:\/\/wncen.com\/news\/bitcoin\/bitcoin-three-blind-mice-pattern\/#primaryimage"},"image":{"@id":"https:\/\/wncen.com\/news\/bitcoin\/bitcoin-three-blind-mice-pattern\/#primaryimage"},"thumbnailUrl":"https:\/\/wncen.com\/wp-content\/uploads\/2024\/10\/Bitcoin_a2e53a.jpeg?fit=1792%2C1024","datePublished":"2024-10-03T14:00:44+00:00","dateModified":"2024-10-03T09:54:43+00:00","description":"Peter Brandt has stated that Bitcoin is forming a \u2018three blind mice\u2019 pattern without confirming whether this is bullish or bearish","breadcrumb":{"@id":"https:\/\/wncen.com\/news\/bitcoin\/bitcoin-three-blind-mice-pattern\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/wncen.com\/news\/bitcoin\/bitcoin-three-blind-mice-pattern\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/wncen.com\/news\/bitcoin\/bitcoin-three-blind-mice-pattern\/#primaryimage","url":"https:\/\/wncen.com\/wp-content\/uploads\/2024\/10\/Bitcoin_a2e53a.jpeg?fit=1792%2C1024","contentUrl":"https:\/\/wncen.com\/wp-content\/uploads\/2024\/10\/Bitcoin_a2e53a.jpeg?fit=1792%2C1024","width":1792,"height":1024,"caption":"Bitcoin"},{"@type":"BreadcrumbList","@id":"https:\/\/wncen.com\/news\/bitcoin\/bitcoin-three-blind-mice-pattern\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/wncen.com\/"},{"@type":"ListItem","position":2,"name":"Veteran Crypto Trader Says Bitcoin Is Forming A ‘Three Blind Mice’ Pattern, What Does This Mean?"}]},{"@type":"WebSite","@id":"https:\/\/wncen.com\/#website","url":"https:\/\/wncen.com\/","name":"NewsBTC","description":"Bitcoin & Cryptocurrency News Today","publisher":{"@id":"https:\/\/wncen.com\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/wncen.com\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/wncen.com\/#organization","name":"NewsBTC","url":"https:\/\/wncen.com\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/wncen.com\/#\/schema\/logo\/image\/","url":"https:\/\/wncen.com\/wp-content\/uploads\/2020\/06\/logo-min.png?fit=157%2C46","contentUrl":"https:\/\/wncen.com\/wp-content\/uploads\/2020\/06\/logo-min.png?fit=157%2C46","width":157,"height":46,"caption":"NewsBTC"},"image":{"@id":"https:\/\/wncen.com\/#\/schema\/logo\/image\/"},"sameAs":["https:\/\/www.facebook.com\/newsbtc","https:\/\/x.com\/newsbtc","https:\/\/www.youtube.com\/channel\/UC9v9erBEru5y4c3FA0wehEw"]},{"@type":"Person","@id":"https:\/\/wncen.com\/#\/schema\/person\/b728e21249a8147d980445b0ee98f18d","name":"Scott Matherson","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/wncen.com\/#\/schema\/person\/image\/","url":"https:\/\/secure.gravatar.com\/avatar\/3d21ae3d2529ce2df4466b61ea80b449?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/3d21ae3d2529ce2df4466b61ea80b449?s=96&d=mm&r=g","caption":"Scott Matherson"},"description":"Scott Matherson is a prominent crypto writer at NewsBTC with a knack for capturing the pulse of the market, covering pivotal shifts, technological advancements, and regulatory changes with precision. Having witnessed the evolving landscape of the crypto world firsthand, Scott is able to dissect complex crypto topics and present them in an accessible and engaging manner. Scott's dedication to clarity and accuracy has made him an indispensable asset, helping to demystify the complex world of cryptocurrency for countless readers. Scott\u2019s experience spans a number of industries outside of crypto including banking and investment. He has brought his vast experience from these industries into crypto, which allows him to understand even the most complex topics and break them down in a way that is easy for readers from all works of life to understand. Scott\u2019s pieces have helped to break down cryptocurrency processes and how they work, as well as the underlying groundbreaking technology that makes them so important to everyday life. With years of experience in the crypto market, Scott began to focus on his true passion: writing. During this time, Scott has been able to author countless influential pieces that have drawn in millions of readers and have shaped public opinion across various important topics. His repertoire spans hundreds of articles on various sectors in the crypto industry, including decentralized finance (DeFi), decentralized exchanges (DEXes), Staking, Liquid Staking, emerging technologies, and non-fungible tokens (NFTs), among others. Scott\u2019s influence is not just limited to the countless discussions that his publications have sparked but also as a consultant for major projects in the space. He has consulted on issues ranging from crypto regulations to new technology deployment. Scott\u2019s expertise also spans community building and contributes to a number of causes to further the development of the crypto industry. Scott is an advocate for sustainable practices within the crypto industry and has championed discussions around green blockchain solutions. His ability to keep in line with market trends has made his work a favorite among crypto investors. In his personal life, Scott is an avid traveler and his exposure to the world and various way of life has helped him to understand how important technologies like the blockchain and cryptocurrencies are. This has been key in his understanding of its global impact, as well as his ability to connect socio-economic developments to technological trends around the globe like no one else. Scott is known for his work in community education to help people understand crypto technology and how its existence impacts their lives. He is a well-respected figure in his community, known for his work in helping to enlighten and inspire the next generation as they channel their energies into pressing issues. His work is a testament to his dedication and commitment to education and innovation, as well as the promotion of ethical practices in the rapidly developing world of cryptocurrencies. Scott stands steady in the frontlines of the crypto revolution and is committed to helping to shape a future that promotes the development of technology in an ethical manner that translates to the benefit of all in the society.","sameAs":["https:\/\/x.com\/https:\/\/twitter.com\/MathersonScott"],"url":"https:\/\/wncen.com\/author\/mathersonscott1\/"}]}},"parsely":{"version":"1.1.0","meta":{"@context":"https:\/\/schema.org","@type":"NewsArticle","headline":"Veteran Crypto Trader Says Bitcoin Is Forming A ‘Three Blind Mice’ Pattern, What Does This Mean?","url":"http:\/\/wncen.com\/news\/bitcoin\/bitcoin-three-blind-mice-pattern\/","mainEntityOfPage":{"@type":"WebPage","@id":"http:\/\/wncen.com\/news\/bitcoin\/bitcoin-three-blind-mice-pattern\/"},"thumbnailUrl":"https:\/\/wncen.com\/wp-content\/uploads\/2024\/10\/Bitcoin_a2e53a.jpeg?resize=200%2C200","image":{"@type":"ImageObject","url":"https:\/\/wncen.com\/wp-content\/uploads\/2024\/10\/Bitcoin_a2e53a.jpeg?fit=1792%2C1024"},"articleSection":"Bitcoin","author":[{"@type":"Person","name":"Scott Matherson"}],"creator":["Scott Matherson"],"publisher":{"@type":"Organization","name":"NewsBTC","logo":"https:\/\/wncen.com\/wp-content\/uploads\/2020\/06\/cropped-cropped-cropped-favicon.png?w=32"},"keywords":["analyst","bitcoin","bitcoin news","bitcoin price","btc","btc news","btc price","btcusd","btcusdt","crypto","crypto analyst","crypto news"],"dateCreated":"2024-10-03T14:00:44Z","datePublished":"2024-10-03T14:00:44Z","dateModified":"2024-10-03T14:00:44Z"},"rendered":"<script type=\"application\/ld+json\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@type\":\"NewsArticle\",\"headline\":\"Veteran Crypto Trader Says Bitcoin Is Forming A ‘Three Blind Mice’ Pattern, What Does This Mean?\",\"url\":\"http:\\\/\\\/wncen.com\\\/news\\\/bitcoin\\\/bitcoin-three-blind-mice-pattern\\\/\",\"mainEntityOfPage\":{\"@type\":\"WebPage\",\"@id\":\"http:\\\/\\\/wncen.com\\\/news\\\/bitcoin\\\/bitcoin-three-blind-mice-pattern\\\/\"},\"thumbnailUrl\":\"https:\\\/\\\/wncen.com\\\/wp-content\\\/uploads\\\/2024\\\/10\\\/Bitcoin_a2e53a.jpeg?resize=200%2C200\",\"image\":{\"@type\":\"ImageObject\",\"url\":\"https:\\\/\\\/wncen.com\\\/wp-content\\\/uploads\\\/2024\\\/10\\\/Bitcoin_a2e53a.jpeg?fit=1792%2C1024\"},\"articleSection\":\"Bitcoin\",\"author\":[{\"@type\":\"Person\",\"name\":\"Scott Matherson\"}],\"creator\":[\"Scott Matherson\"],\"publisher\":{\"@type\":\"Organization\",\"name\":\"NewsBTC\",\"logo\":\"https:\\\/\\\/wncen.com\\\/wp-content\\\/uploads\\\/2020\\\/06\\\/cropped-cropped-cropped-favicon.png?w=32\"},\"keywords\":[\"analyst\",\"bitcoin\",\"bitcoin news\",\"bitcoin price\",\"btc\",\"btc news\",\"btc price\",\"btcusd\",\"btcusdt\",\"crypto\",\"crypto analyst\",\"crypto news\"],\"dateCreated\":\"2024-10-03T14:00:44Z\",\"datePublished\":\"2024-10-03T14:00:44Z\",\"dateModified\":\"2024-10-03T14:00:44Z\"}<\/script>","tracker_url":"https:\/\/cdn.parsely.com\/keys\/wncen.com\/p.js"},"jetpack_sharing_enabled":true,"jetpack_featured_media_url":"https:\/\/wncen.com\/wp-content\/uploads\/2024\/10\/Bitcoin_a2e53a.jpeg?fit=1792%2C1024","amp_enabled":true,"_links":{"self":[{"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/posts\/646060"}],"collection":[{"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/users\/594"}],"replies":[{"embeddable":true,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/comments?post=646060"}],"version-history":[{"count":1,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/posts\/646060\/revisions"}],"predecessor-version":[{"id":646093,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/posts\/646060\/revisions\/646093"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/media\/646092"}],"wp:attachment":[{"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/media?parent=646060"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/categories?post=646060"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/tags?post=646060"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}