According To Peter Brandt, Bitcoin Will Rise Once Again
According to Peter Brandt, one of the leading analysts in the crypto market, Bitcoin will rise once again.
Peter Brandt, who gained attention with his cryptocurrency comments on his Twitter account with more than 600 thousand followers, and who has received a reaction as well as the support he sees from time to time, thinks that the buying period is approaching in Bitcoin.
Stating that the cryptocurrency market has been expecting a serious decline in the last period, but there is also the possibility of the opposite, Brandt made the following comment:
“This is a really interesting situation… Those who did laser eye-sharing on social media in March and April last year (not all) and rocketed from there to there predict that Bitcoin will fall below $30,000 today.”
https://twitter.com/PeterLBrandt/status/1487845821299105795
Brandt also tweeted a chart that shows
Bitcoin forming a descending channel on the weekly chart. While such patterns are known to be bearish in the short term, if the bulls break into the upper trendline, Bitcoin could start to rise as well.