Bitcoin Could Reach $130K to $150K, Says Peter Brandt

Quick Summary:

Additionally, he noted that BTC is in a range from which it will experience a notable upside rally.

According to the expert technical analysis, BTC has broken out from a crucial resistance level at $73,935 and is about close to a daily candle above the $75,600 level.

Based on recent price action and historical momentum, if BTC closes a daily candle above $75,600, there is a strong possibility it could surge further in the coming days.

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Article Details

Author / Journalist: Zameer Attar

Category: Crypto

Markets: United States

Topics: Bitcoin News Price Analysis Crypto news

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-11-06 @ 23:47:10 (12 hours ago)

News Timezone: GMT +8:00

News Source URL: coinpedia.org

Language: English

Article Length: 352 words

Reading Time: 2 minutes read

Sentences: 19 lines

Sentence Length: 19 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Coinpedia

News ID: 23454113

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Main Topics: Crypto

Official Website: coinpedia.org

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News Last Updated: 15 hours ago

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