Peter Brandt Shared the Bitcoin Cycle He Follows, Pointed to This Date for New ATHs!

Bitcoin Popular trader and analyst Peter Brandt has announced a new trend in BTC He shared.

Known for his analysis of BTC and the market Peter Brandt, He stated that there is a bottom in Bitcoin.

at this point BTC Brandt, who did not make a prediction about the price, said that new ATHs in Bitcoin will not come until the 3rd quarter of 2024.

The famous analyst also stated that investors should always be ready for a surprise in the market and included the following statements in his post:

“Anyone who says they know the future path of any market is a fool. Markets will ALWAYS surprise.

But with that disclaimer, I think:
1. Bitcoin bottom found.
2. New ATHs will not arrive until the 3rd quarter of 2024.”

Anyone who declares they know the future path of any market is a fool. Markets will ALWAYS surprise.

Yet, with this disclaimer, I believe:
1.the $BTC bottom is in
2. New ATHs not coming until Q3 2024
3. Chop fest in the meantime

I’ve used this blueprint for approx 2 years pic.twitter.com/hVt0zbTOsm

— Peter Brandt (@PeterLBrandt) October 25, 2023

As it is known, Bitcoin’s ATH reached $ 69,000 in November 2021. However, with the bear market that started afterwards, it dropped to $ 15,000 in November 2022.

At this point, it seems that Bitcoin has increased by 125% from $ 15,000 to its current level.

*This is not investment advice.