The Crypto Basic - Veteran trader Peter Brandt believes Bitcoin's recent price rise might be temporary due to a persisting downtrend despite factors like the halving and ETFs

https://thecryptobasic.com/2024/07/18/brandt-warns-of-bearish-bitcoin-trends-despite-recent-bounce/

Veteran trader Peter Brandt is cautious about Bitcoin despite a recent price increase.

He points to a continuing trend of lower highs and lower lows, even with positive factors like the halving and ETFs.

While short-term sentiment is bullish, the long-term trend suggests this bounce might be temporary.

What do you think?