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Peter Brandt Dusts Off Bizarre Chart Pattern Ahead of Possible Bitcoin Advance
Renowned analyst and trader Peter Brandt has made a surprise appearance in the crypto community once again. This time, he’s dusting off an obscure chart pattern that could signal a significant upside move for Bitcoin (BTC).
As reported by U.Today, Fundstrat’s Tom Lee recently predicted that the leading cryptocurrency could soar to $250,000 next year. Meanwhile, Peter Brandt has repeatedly stated that Bitcoin could surge above $150,000 in 2025.
In his latest post on Twitter, Brandt shared a chart that showed a peculiar pattern developing on the BTC price chart. The analyst explained that this type of pattern often precedes a significant upward movement.
Tweet by Peter Brandt
“The bearish thrust is over,” he wrote, “and I believe we’re setting up for an extraordinary move higher.”
Source: u.today
