Bitcoin news

The famous trader Peter Brandt said that Bitcoin should stay above $29,000 to preserve the bullish short-term trend.

In a tweet on July 1, Brandt, warned that the onus was on the bulls to show the strength of the Bicoin*.

Peter Brandt: Bitcoin daily performance is "negative."

For Peter Brandt, the lower timeframes showed little optimism, and a shakeout was now needed to interrupt the negative tone

"The onus of proof is back on the bulls, unless they can keep $BTC above USD 29,000".

"This was Peter Brandt's annotated chart of the BTC/USD pair ".

On Wednesday, June 30, analyst John Bollinger, creator of the Bollinger Bands, noted $31,000 as the lowest of the three "logical" BTC/USD levels.