Legendary Trader Peter Brandt Details Downside Price Target for Bitcoin After BTC Breaks From ‘Reliable’ Pattern

From Daily Hodl

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Daily Hodl • June 4, 2026 at 14:20 • News
Veteran trader Peter Brandt believes that Bitcoin (BTC) will soon revisit the $50,000 range. Brandt tells his 1 million followers on X that Bitcoin is forming an expanding triangle pattern on the daily chart and may decline more than 14% from its current value. In technical analysis, an expanding triangle pattern, which is also known […]
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