• Advertise with us
  • Pricing
  • Submit News
Instagram Twitter Facebook Telegram Youtube Linkedin
EdaFace Newsfeed
EdaFace Newsfeed EdaFace
  • News
    • Price Analysis

    Main News

    • Crypto News
    • Bitcoin and BTC
    • Altcoin News
    • Security & Hacks
    • ICO & Token Sales
    • Interviews & Profiles

    Information

    • Press Release
    • Research Report
    • Regulations, Law & Policy
    • Community/Guest Post
    • Events & Conferences
    • Tutorials & Guides

    Market

    • Technical Analysis
    • Price Analysis
    • Cryptocurrency Price Prediction
    • DeFi (Decentralized Finance)
    • Mining & Staking

    Other Categories

    • NFTs & Digital Art
    • Opinion & Editorials
    • Tech Innovations
  • Cryptocurrencies
    • Coin Ranking
    • Trending
    • EDA Token
  • Exchanges
    • Spot
    • Derivatives
    • DEX
    • EDA Plantation
  • Verification Centre
    • Rug Pull Check
    • Blockchain Ecosystem
    • EDA Token
  • MarketPlaces
    • NFT Marketplace
    • Digital Literature
    • Digital Mall
    • P2P Market
    • Metaverse
  • EDA Academy
More
  • News
    • Price Analysis
  • Cryptocurrencies
    • Coin Ranking
    • Trending
    • EDA Token
  • Exchanges
    • Spot
    • Derivatives
    • DEX
    • EDA Plantation
  • Verification Centre
    • Rug Pull Check
    • Blockchain Ecosystem
    • EDA Token
  • MarketPlaces
    • NFT Marketplace
    • Digital Literature
    • Digital Mall
    • P2P Market
    • Metaverse
  • EDA Academy
Reading: Peter Brandt Dismisses Bitcoin Price Reversal Yet: Here is What to Watch Out for Ahead
Share
Sign In
EdaFace Newsfeed
EdaFace Newsfeed EdaFace
EdaFace Newsfeed > Latest News > Crypto News > Peter Brandt Dismisses Bitcoin Price Reversal Yet: Here is What to Watch Out for Ahead
Crypto News

Peter Brandt Dismisses Bitcoin Price Reversal Yet: Here is What to Watch Out for Ahead

vitalclick
Last updated: April 15, 2025 5:51 pm
1 month ago
Share
SHARE

Contents
Bitcoin Price Regains Whale’s Confidence Expert’s Insights and Analysis

The post Peter Brandt Dismisses Bitcoin Price Reversal Yet: Here is What to Watch Out for Ahead appeared first on Coinpedia Fintech News

  • Brandt believes that Bitcoin price is not yet out of the woods unless it consistently closes above $88k.
  • The bullish sentiment from the United States has coincided with increased whale accumulation amid anticipated diplomatic solutions for the ongoing tariff trade wars.

Bitcoin (BTC) price teased above $86k for the first time, on Tuesday during the mid-New York session, since President Donald Trump announced the reciprocal tariffs earlier this month. The flagship coin reached a daily high of about $86,429 before retracing SFP around $85.6 at the time of this writing.

The meeting of U.S. President Donald Trump and El Salvador’s President Nayib Bukele sparked bullish sentiment for the wider crypto market. Moreover, the Trump administration is actively seeking ways to fund its strategic Bitcoin reserves, with some speculating funding from tariffs.

Bitcoin Price Regains Whale’s Confidence 

As Gold price continues to signal market strength amid declining Volatility S&P 500 Index (VIX), the Bitcoin adoption by whale investors has gained more traction. According to market data from Glassnode, the number of Bitcoin addresses holding between 1K–10K coins has risen from 1,944 on March 5 to 2,014 at the time of this writing. 

The last time Bitcoin whales accumulated to this level was in April 2024, which resulted in a major bullish uproar in the subsequent weeks.

Expert’s Insights and Analysis

For the first time since January 2025, Bitcoin price, against the U.S. dollar, invalidated the daily logarithmic falling trend. As a result, the wider crypto market has experienced bullish sentiment, led by Solana (SOL) and Ripple Labs XRP. 

However, Peter Brandt, a veteran trader, has dismissed Bitcoin price reversal yet.

“A trendline violation does NOT signify a transition of trend $BTC. Sorry,” Brandt noted.

According to Brandt, Bitcoin price has to consistently close above $88k to confirm a successful reversal of the year-to-date market correction.

Meanwhile, Brandt remains a proponent of combining bullish reversal patterns – including double bottom, inverse head and shoulders – with trendlines to predict the market.

You Might Also Like

BlackRock’s Bitcoin Game, Strategy or Speculation?

MicroStrategy Overtakes Bitcoin With 1,208% Gains: Report

Not antivirus, crypto currency investors do this for security

How Asia’s New Leader is Attracting Global Blockchain Giants

What It Means for the Crypto Market

TAGGED:CryptoNews
Share This Article
Facebook Twitter Email Print
Previous Article XRP May Beat SOL, DOGE in for U.S ETF Race
Next Article Crypto coins fall more with this head, here’s the last nonsense of Trump
Leave a comment

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Crypto Live Widget

Follow for Live Updates
Subscribe to our newslettern

Get Newest Articles Instantly!

- Advertisement -
Ad imageAd image
Popular News
Cryptocurrency Regulation in Russia : Blockchain Development
Current Cryptocurrency Regulations in India
Explore Cryptocurrency Regulation in South Korea
2 Altcoins Win Trial
Claimed Bitcoin Inventor Craig Wright Gets Shocked in Court! His Assets Are Frozen

Company

  • Vision
  • Mission
  • LitePaper
  • Whitepaper
  • Core Values
  • Branding
  • Teams
  • Career Listing
  • FAQ
  • Welfare Donations

Products

  • EDA Token
  • Blockchain Literature
  • EdaFace Dex
  • EdaFace Mall
  • Listing Platforms
  • Newsfeed
  • NFT Marketplace
  • P2P Market
  • Scam Verification Centre
  • School of Crypto

Legal

  • Term of Use
  • Privacy Policy
  • Disclaimer
  • Listing T&C
  • Listing Platforms
  • Eda Token Policy

Always Stay Up to Date

Subscribe to our newsletter to get our newest articles instantly!

EdaFace

About US

EdaFace is a user interface aggregator that brings all the various functionalities of the crypto industry onto a single platform! You can advertise, launch and crowdfund your crypto project via EdaFace Launchpad and Newsfeed.

Contact us: support@edaface.com

Follow us

Instagram Twitter Facebook Telegram Youtube Linkedin

Copyright © 2022 – 2024. EdaFace is a product of Emerging Digital Age (EDA) Pty Ltd. All Rights Reserved.

Join Us!
Subscribe to our newsletter and never miss our latest news, podcasts etc..

Zero spam, Unsubscribe at any time.
EdaFace
Welcome Back!

Sign in to your account

Lost your password?