Veteran Trader Brandt: Bitcoin Bottomed but Choppy Waters Ahead Before New Highs in 2024

Peter Brandt believes Bitcoin has bottomed but expects volatility before new all-time highs in 2024.

Brandt predicts Bitcoin will reach new ATHs by Q3 2024 after bottoming in November 2022.

He warns traders to expect a "chopfest" of volatility before new highs.

Brandt believes the weekly Renko chart is the most reliable for Bitcoin price action.

Growing optimism around a spot Bitcoin ETF approval could trigger more institutional investment.