Legendary Trader Peter Brandt Breaks Silence on Bitcoin Price Bull Flag Pattern

2024-9-26 19:57

Peter Brandt breaks down Bitcoin bull flag debate, hinting at key breakout near $68,500

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Throughout the past three months, the bitcoin price has flirted with the $4,200 resistance level, often struggling to maintain momentum above the key $4,000 mark. Several traders have demonstrated concerns over the extended period of stability demonstrated by bitcoin because, in late 2018, the cryptocurrency recorded a drop of around 50 percent following three months of stagnation in the $6,300 to $6,500 range.

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