Peter Brandt Analyzes Bitcoin’s Bearish Trend and Key Support Level
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Veteran trader and analyst Peter Brandt has provided his latest analysis on Bitcoin's current status. According to Brandt's review on August 1st, Bitcoin is in a bearish trend, consistently forming lower highs. This pattern indicates a downward trajectory. Brandt's examination of key support levels is crucial for predicting Bitcoin's next movements. Understanding these levels can provide traders with valuable insights into potential reversals or further declines in Bitcoin's price.
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