Veteran Trader Brandt: Bitcoin Bottomed but Choppy Waters Ahead Before New Highs in 2024
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Peter Brandt believes Bitcoin has bottomed but expects volatility before new all-time highs in 2024.
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Brandt predicts Bitcoin will reach new ATHs by Q3 2024 after bottoming in November 2022.
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He warns traders to expect a "chopfest" of volatility before new highs.
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Brandt believes the weekly Renko chart is the most reliable for Bitcoin price action.
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Growing optimism around a spot Bitcoin ETF approval could trigger more institutional investment.
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