๐ฅ Bitcoin (BTC) Rebounds Strongly! ๐ฅ
According to Odaily, Bitcoin experienced a strong rebound over the weekend after recently dipping below the $91,000 mark ๐. It has now slightly retreated to around $96,000. Veteran trader Peter Brandt has reiterated his bullish outlook on BTC, suggesting that the upward momentum could continue ๐.
๐ Peter Brandtโs Latest Analysis:
Brandt believes BTC could rise to $108,358 in the coming days. However, he also cautioned that BTCโs price might pull back to $76,614 during its upward trend ๐. He emphasized that this is a reflection of market risks, stating these analyses represent "possibilities, not probabilities, and not certainties."
Brandt has also set a long-term price target of $125,000 ๐ฐ for BTC, further highlighting his bullish stance.