Well-known trader Peter Brandt recently issued a remarkable warning: If XRP/BTC falls below the key support level of 0.000008 BTC, it will trigger a sharp decline. According to his analysis, XRP may break the long-term complex head and shoulders (H&S) chart pattern, leading to the gradual disappearance of related accounts.

Bitcoin (BTC) movement: Brandt also paid attention to BTC's weak pattern, pointing out that Bitcoin is experiencing a series of lower highs and lows, showing market fatigue. When analyzing the performance of Bitcoin against gold (BTC/gold), he mentioned that the current ratio is 26, but he believes that this ratio may drop to 16, which will not change Bitcoin's bullish potential in the long run.

Gold and Bitcoin investment strategy: Brandt emphasized that the BTC/gold chart reflects classic chart principles and needs to be interpreted flexibly. Although the ratio may slip to 16, this will not affect Bitcoin's long-term bullish outlook. He predicts that Bitcoin may eventually break above 150!

Investment advice: Brandt recommends holding both gold and Bitcoin and avoiding strict adherence to a single asset, believing that this is a wise investment strategy. #美国政府转移BTC #美联储何时降息？ #iris #AUDIO #OKB $COS $RAD $KMD