Bitcoin set for ‘dramatic’ surge if it doesn’t top soon: Peter Brandt
If Bitcoin deviates from its four-year cycle, it’ll see “dramatic” price action, according to veteran trader Peter Brandt.
Bitcoin is poised for unprecedented price discovery as long as it doesn’t peak within the next few days, according to veteran trader Peter Brandt.
“It is reasonable to expect a bull market high any day now,” Brandt told Cointelegraph on Wednesday, citing Bitcoin’s (BTC) historical cycle pattern, which has played out in the three previous cycles.
“These cycles from low-to-halving-to-high have not always been the same length, but the post-halving distance of each has always been equal to the pre-halving distance,” Brandt said.