Peter Brandt predicts uncertainty and consolidation for Bitcoin due to lackluster performance

From Investing.com
September 4, 2024 2:00 pm:

Renowned trader Peter Brandt offers insightful analysis on Bitcoin’s current cycle, indicating a mixed outlook for the digital asset. He points out a lack of energy to propel Bitcoin to new heights, with lower highs and lows indicating a concerning trend. This extended cycle raises questions about structural issues and market conditions affecting Bitcoin’s future performance. Brandt’s findings suggest a prolonged period of consolidation may be ahead, underscoring uncertainty in the market.

Read more at Investing.com: Veteran Trader Peter Brandt By U.Today