Peter Brandt Suggests a New Bitcoin Bull Cycle Could Be Starting Veteran trader Peter Brandt believes Bitcoin may be forming an inverse head and shoulders pattern, a classic bullish reversal signal. However, the pattern is not confirmed yet. BTC has rebounded above $64K after softer than expected U.S. inflation data, but it still needs to break key resistance to validate a stronger uptrend. If Bitcoin confirms the breakout, it could signal the beginning of a new bullish phase. Until then, all eyes remain on the next resistance level.
Crypto By Hatten I CBHShare
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