Does Bitcoin (BTC) have more upside potential?

Veteran analyst Peter Brandt thinks that Bitcoin ( BTC) has more upside potential after breaking out from an “extremely rare” technical pattern. Brandt tells his 695,200 Twitter followers that Bitcoin is likely to see more rallies after BTC took out the resistance of a fulcrum pattern around $19,000.

Did Brandt correctly predict the market meltdown for Bitcoin and cryptoassets?

Brandt, who correctly predicted the market meltdown for Bitcoin and cryptoassets in 2018, has been putting Bitcoin’s charts in context following the massive price rally over the last two years.

Is bitcoin a peer-to-peer system?

- Thirdly, Bitcoin is a distinctively peer-to-peer system. Credit and debit cards, PayPal and eBay, as well as ICANN, all rely on a central structure, which is entrusted with the task of enforcing the outcome of the ODR procedure privately.

Is bitcoin still a bull market?

Bitcoin ( BTC) is about halfway through its current bull market, which originated around the March 2020 price low, according to Peter Brandt, a veteran analyst and investor who's been following commodity markets for more than four decades and serves as CEO of Factor LLC, which he founded in 1980.