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Peter L. Brandt, an old-school commodities trader who has been in the trading business since the 1970s, uses his account on social media platform shared with people. crypto community.
Peter Brandt's “Bitcoin Window” statement
Peter Brandt frequently publishes X posts about Bitcoin, Ethereum, Solana, and sometimes other cryptocurrencies. In the past, he has also commented on XRP price fluctuations, until the XRP community's reactions sometimes proved too harmful. According to Brandt's tweet, he believes above all else in the potential of Bitcoin. For example, even though he hates Ethereum, he still trades it and once tweeted that he is looking forward to a good opportunity.
Today, Mr. Brandt commented on the current position of Bitcoin, the world's leading virtual currency. Brandt reviewed the BTC chart he first published on October 15th and said it was “worth repeating.”
“Bitcoin price is in the window,” the trader said. According to Brandt, Bitcoin could either “fall out of the window,” meaning it could start to soar, or it could be “slammed against the window.”
Bitcoin price performance
In the past 24 hours, the leading digital currency has shown nearly 4% growth, rising from $65,382 to the $67,900 zone where it is trading at the time of writing.
Interestingly, on Tuesday, Bitcoin recorded a huge green candlestick on the hourly chart, rising 3.46%, followed by a red candlestick of the same size. Earlier this week, on Monday, Bitcoin rose 2.75% on an hourly green candlestick.
Overall, since Sunday, BTC has seen an impressive rise of just over 10%. BTC has appreciated approximately 14.2% since October 10, when it hit a local low of $59,355.