CandleFocus BTC to $97,000? Peter Brandt Weighs In on Bitcoin Price
2024-11-02
Author: Content Editor
Bitcoin attempted to climb to $70,000 but was unable to break through, reaching an intraday high of $69,891. The cryptocurrency has fallen 2.28% in the previous 24 hours to $69,373, extending losses from its recent high of $73,600. Veteran trader Peter Brandt tweeted a chart suggesting a potential breakout for Bitcoin with a target of $97,056. However, Brandt noted that a decisive close above $76,000 is needed for a real breakout. Bitcoin's recent moves have been closely watched as it attempts to surpass its previous all-time high of $73,750.
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