Veteran analyst Peter Brandt has ignited fresh debate across the crypto space after unveiling an inverted Bitcoin chart that completely altered its interpretation. What appeared to be a classic bearish continuation structure was flipped upside down, exposing a bullish setup that may be signaling Bitcoin’s next major breakout.
Brandt’s chart initially showed a bear flag pattern a sharp drop followed by a rising wedge, commonly read as a sign of further downside. The structure became bearish; however, when it was demonstrated to viewers that the chart was inverted, the structure became possibly bullish. The price formed a visual twisting peak that disclosed a tightening up at the support level, and this typically precedes a price rise.
According to Brandt, such a setup challenges traditional pattern recognition and market assumptions. The weak area in yellow boxes on the chart was changed to a source of strength. This slight change has led to a transformation in the way traders look at the price action of Bitcoin, which is in a time when the market is due to confirm the trend.
Bitcoin Price Surges Above $110 Amid Growing Optimism
Bitcoin has continued its upward momentum, currently trading at approximately $110,339 according to data from Bitstamp. The digital asset has gained over 1.3% in the last 24 hours, marking one of its strongest daily moves in recent weeks. Today’s rally pushes Bitcoin to its highest level since early June.
Several key factors are contributing to the price surge. A decline in U.S. Treasury yields has renewed risk appetite across global markets, benefiting Bitcoin as a non-yielding asset. In addition, strong institutional inflows into spot Bitcoin ETFs over the past few days have signaled renewed investor confidence.
The other catalyst is the increasing speculation on whether the Federal Reserve will continue to cut interest rates in the latter part of the year. Reduced interest rates are likely to see cryptos improve their valuations, and they already are priced in a pro-crypto environment. The bullish bias has also been marginally backed by positive technical structure, and this includes the formation of higher lows in the last few weeks.
Regarding volume, the recent breakout has been supported by growing volumes. The price action is usually confirmed by the increase in the number of trades, and it strengthens the possibility of the follow-through impulse. The next resistance level to be looked at by traders is the $112,500 mark.
Brandt’s Chart Reversal Reshapes Market Narrative
The move by Brandt to invert the chart has transformed the emotion of fear of breakdown to the forecast of a breakout. When displayed in a typical chart, the structure of the chart reveals that Bitcoin follows a more substantial rally but ends up in a narrow range, which is a technical indicator that is known to be related to bullish continuation.
This fresh perspective has entered into trader conversation in the social sphere. The market participants keenly observe the price activity in terms of this range. An escape out of the present zone would hence justify the bullish scenario revealed by Brandt’s flipped analysis.
Price has been trending up, and as confidence grows, more and more analysts are changing their views regarding the short-term direction of Bitcoin. The Brandt chart is now a debatable point on how the psychology of the market can be influenced just by the way it looks.
Conclusion
Peter Brandt’s inverted chart has altered the narrative surrounding Bitcoin’s current consolidation. With the price now above $110,000 and rising, traders are aligning with a more bullish outlook. Momentum, institutional activity, and macro triggers are now supporting the potential for another leg up in the ongoing rally.
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