Veteran Trader Peter Brandt Predicts Bitcoin Local Bottom
– The latest U.S. Consumer Price Index (CPI) data caused the Bitcoin (BTC) price to drop below $27k today.
– Veteran trader Peter Brandt predicts that the BTC price will rebound from the $27k level – the new local bottom.
– However, Brandt also thinks that the possibility of a decrease in price still persists as the bearish trend is strong.
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