Trader Peter Brandt Unveils Bitcoin Path for Potential 78% Surge, Calls Large-Cap Altcoin ‘Leader of the Pack’

Description

Legendary trader Peter Brandt thinks that it is within the realm of possibility for Bitcoin ( BTC ) to witness a meltdown before igniting a nearly 80% rally. Brandt tells his 771,500 followers on the social media platform X that BTC appears to be flashing a price pattern using the terms bump, hump, slump and dump. The pattern, which was also witnessed last year before BTC surged from $50,000 to above $100,000, suggests that BTC may “dump” to around $84,000 before recovering and ascending toward ...