Once upon a time, in the bustling world of trading, there lived a grumpy old trader named Peter L. Brandt. This chap had been around since the disco days of the mid-1970s, and boy, did he have some tales to tell! Recently, he took to the magical land of Twitter (or X, as the cool kids call it) to share his latest revelation: two bearish patterns he spotted on a Bitcoin chart. π»π
1. Market completes double top
2. Top retested by pennant
3. Pennant completed, confirms bearish chart
Bitcoin $BTC
Don’t shoot the messenger
Price must recapture #2 to turn positiveβ Peter Brandt (@PeterLBrandt) March 9, 2025
buy Bitcoin, real gold, and silver! Just steer clear of those pesky ETFs, which he labeled as nothing but fake. Oh, the drama continues! π₯π°
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2025-03-10 17:56