👀👀New Statement from Famous Analyst Peter Brandt to Make Bitcoin Investors Happy: “The Scenario is Good!” 👀👀

Bitcoin, the leading cryptocurrency, has started to recover after the sharp declines it experienced last week. Rising above $58,000, BTC is showing bullish signals, but investors are wondering whether this rise is real or temporary.

A positive comment came from the famous analyst Peter Brandt. Brandt stated that Bitcoin's current trend is a bullish pattern and is a sign of a potential market recovery. Brandt, who called this formation "foot kick", evaluated it as a short-term buying signal and made this comment during a significant market correction period.

Bitcoin is experiencing its biggest correction in the current bull cycle. According to Brandt, this is the biggest correction so far in the bull market that started after the 2022 lows. Since November 2022, BTC has experienced six corrections and has corrected 27% from the historical peak of $73,800 on March 15, 2025.

In an analysis he made last June, Brandt predicted that Bitcoin could fall to $48,000, and this prediction partially came true. When BTC fell below the $60,000 level, it fell to $53,000 in a short time.

Currently, Bitcoin is trading at $57,630 at the time of writing.

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