Bitcoin (BTC): Popular trader Peter Brandt spots major turning points on price chart BTC $BTC PeterBrandt
Brandt tweeted his analysis of Bitcoin , as was previously reported, and said that the price of BTC had created a"double-walled fulcrum pattern," which is an extremely rare event. He sets a mid-$25,000 2X target for the leading cryptocurrency.
As reported by Bloomberg, Mike Novogratz, a proponent of cryptocurrencies, said there was a good chance of Bitcoin returning to $30,000 by the end of March, which is still about 25% higher than its present price. At the time of writing, Bitcoin was up 3.05% at $24,488. believes Bitcoin might soon see a paradigm shift in terms of network usage, block space and fees — as suggested by the recent on-chain footprint.
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