Peter Brandt Analyzes Bitcoin’s Potential for a Price Surge
2025-07-10 11:58:46
Main Idea
Peter Brandt analyzes Bitcoin's potential for a price surge, identifying key support and resistance levels that could determine its future movement.
Key Points
1. Peter Brandt highlights a critical support level of $108,100, which Bitcoin has struggled to breach, now serving as a key defense for buyers.
2. If Bitcoin drops below $107,000 on a daily close, the bullish scenario would be invalidated, marking a 'critical breakdown.'
3. Brandt's chart suggests potential price targets of $120,958 and $134,886 if Bitcoin maintains its upward momentum.
4. Bitcoin's current price is close to $111,074, indicating proximity to Brandt's identified resistance levels.
Description
Peter Brandt holds his bullish position with Bitcoin nearing relevant support levels. Expanding triangle patterns suggest Bitcoin aims for $120,958 and $134,886 targets. Continue Reading: Peter Brandt Analyzes Bitcoin’s Potential for a Price Surge The post Peter Brandt Analyzes Bitcoin’s Potential for a Price Surge appeared first on COINTURK NEWS .
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