Overview
- Veteran trader Peter Brandt says the recent bounce may have been a final retest of a broadening-top pattern, signaling a potential reversal.
- Brandt is watching roughly $80,200 and then near $58,800 as downside markers, with prior commentary outlining risk toward the mid-$45,000s if the long-term channel breaks.
- TradingView analyst EliteGoldAnalysis maps a path to a strong support near $84,000, contingent on a confirmed bearish break and retest of minor supports.
- Titan of Crypto warns that failure to reclaim about $89,000 could open a move toward roughly $83,900 as the next notable support.
- Recent action has held in the $88,000–$92,000 band after a brief test of $94,000, prediction markets are split between ~$80,000, ~$95,000 and $100,000 by year-end, and U.S. spot ETFs have posted inflows in eight of the past ten sessions.