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I noticed that Peter Brandt has once again become active with Bitcoin analysis. This guy, who has been trading commodities since the 70s, now regularly shares observations about cryptocurrencies on X. This time, he published an interesting chart — he says that BTC is at a critical point. Either it will break out upward or fall down. A simple but powerful metaphor.
Peter Brandt emphasizes that Bitcoin needs to either "jump out of the window" and start growing, or "the window will close." It seems he sees the current position of BTC as a decisive moment. His perspective is interesting — usually when such experienced traders point out critical levels, it’s worth paying attention.
As for Bitcoin itself, it has shown decent momentum in recent days. There were several strong hourly candles — a green one at 3.46%, then a red one of the same size. Since the beginning of the week, BTC has increased by about 10%, and since October, when there was a local low, it has risen by 14%. Currently, Bitcoin is trading around 78.48K. Peter Brandt is clearly riding this wave, and his analysis could be useful for understanding the current dynamics.