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ETH shows a symmetrical triangle formation.
Total crypto market cap is forming an expanding right-angle pattern.
$ETH $BTC $GT
Renowned trader Peter Brandt, famous for predicting the 2018 Bitcoin crash, shared a new chart analysis today:
ETH shows a symmetrical triangle formation.
Total crypto market cap is forming an expanding right-angle pattern.
⚡ Key takeaway: Bulls need a clear breakout to dominate, while history suggests these patterns can trigger volatility or bearish pressure.
💡 Brandt’s Bitcoin forecast:
“Bitcoin will bottom out and rebound between August and October, then soar all the way up. At least for now, that’s how it looks.”
📉 Market snapshot today: BTC down -6.2%, ETH down -7.1%.
#Bitcoin #BTC #ETH #CryptoAnalysis #PeterBrandt
⚠️ Risk Reminder: Cryptocurrency trading involves high risk. Always DYOR before making any trades.