Legendary trader Peter Brandt(Peter Brandt) pointed out that Bitcoin has formed a bullish bottom pattern. He believes that if it breaks through $92,000, the price could rise to $94,000-$95,000, and may even challenge $100,000. However, if it fails to hold above $90,000, the pattern could invalidate, and the price might drop to the $84,000-$86,000 range. The current market conditions have dampened optimism, with Bitcoin trading volume down 18.41% to $43.58 billion, and a large outflow of ETF funds causing Bitcoin's price to hover around $90,212.

BTC1,75%
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