Peter Brandt's Billion-$-Company Opens Long BTC Position to Push Price to $40,000

Legendary trader Peter Brandt reveals long Bitcoin position for his company Factor LL. Brandt forecasts Bitcoin price could reach $40,000 based on fulcrum bottom pattern.

Highlights

• Legendary trader Peter Brandt reveals long Bitcoin position for his company Factor LL.
• Legendary trader Brandt revealed that his company, Factor LLC, is taking five long positions, including Bitcoin.
• Brandt forecasts Bitcoin price could reach $40,000 based on fulcrum bottom pattern.
• The prediction is based on a pattern that Bitcoin has successfully formed and recently broken out of.
• On April 10, Brandt shared the breakout chart, showing that the rise to above $29,200 had triggered a buy signal.
• Interestingly, on March 20, he tweeted he expects a new all-time high for Bitcoin within the next 12 months, surpassing $69,000.

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