Veteran trader Peter Brandt is predicting a bullish scenario for Bitcoin (BTC) that could propel the king crypto to a fresh all-time high in two years.
Brandt tells his 692,600 Twitter followers that while it is within the realm of possibility for Bitcoin to launch a new bull market this year, in reality, nobody knows what will really happen.
“Any idiot can make wild guesses about markets, so here is my dunce-hat prediction. In reality, nobody has a clue what any given market will do.”
Source: Peter Brandt/Twitter
Looking at the trader’s chart, he appears to be outlining a possible inverse head and shoulders pattern for Bitcoin that could push BTC above $30,000 by Q2 of this year. An inverse head and shoulders formation is