Peter Brandt is one of the most popular Bitcoin analysts on Twitter. In the last 24 hours Brandt has made a bullish case for BTC, which counters many who thought the market would slump because of Chinese New Year.
Bitcoin Could Hold, Says Brandt
Charts are constantly morphing. The idea of drawing a chart boundary definition to be fixed forever was discounted by serious traders 80 years ago. Often, the exact configuration is clear only after the fact. #FACT
— Peter Brandt (@PeterLBrandt) January 24, 2020
In a rare glimpse into the mind of a trading veteran who has survived and thrived in the markets for 40 years, Peter Brandt, in this Tweet, offers zen-like sage advice to fellow traders.
Brandt argues that a re-test of the breakout we’ve had on the top of a year-long downward channel is normal and he wouldn’t be surprised to…
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