Peter Brandt Bullish on Bitcoin Despite Bearish Pattern

Peter Brandt Bullish on Bitcoin Despite Bearish Pattern
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Veteran trader Peter Brandt remains optimistic about Bitcoin, setting ambitious price targets despite spotting a bearish expanding inverted triangle pattern. Technical indicators like the RSI suggest potential short-term resistance, while other analysts predict even higher gains.

  • Peter Brandt identifies a bearish expanding inverted triangle on BTC’s chart but remains bullish with targets at $120,958 and $134,886.
  • Bitcoin’s RSI is near overbought levels, suggesting potential short-term resistance despite recent all-time highs.
  • Analysts CRYPTOWZRD and KALEO predict further BTC rallies, with targets up to $132,500 and $500,000, respectively.
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