Ethereum

Major

bullish

Solana

Bitcoin

<p style="text-align: justify">You can also read this news on BH NEWS: <a href="https://en.bitcoinhaber.net/traders-anticipate-price-movements-in-major-cryptos" data-wpel-link="internal" rel="noopener noreferrer nofollow">Traders Anticipate Price Movements in Major Cryptos</a><br></p>
<p style="text-align: justify">Veteran trader Peter Brandt has signaled potential upward trends for <a href="https://en.bitcoinhaber.net/expert-predicts-tenfold-increase-in-bitcoin-value-by-2024-amid-etf-hopes-and-halving" data-wpel-link="internal" rel="noopener noreferrer nofollow">Bitcoin</a> (<a href="https://en.bitcoinhaber.net/the-rise-of-bitcoin-debunking-the-digital-gold-narrative" data-wpel-link="internal" rel="noopener noreferrer nofollow">BTC</a>), Ethereum (ETH), and <a href="https://en.bitcoinhaber.net/solanas-market-surge-could-it-be-the-next-doge" data-wpel-link="internal" rel="noopener noreferrer nofollow">Solana</a> (SOL), sparking interest across the trading community. His insights shared on social media stress the importance of independent research as reliance on such predictions could lead to financial setbacks.</p>
<h2 id="what-is-bitcoin-s-current-market-status">What is Bitcoin’s Current Market Status?</h2>
<p style="text-align: justify">Brandt presented a chart indicating that Bitcoin is testing a crucial resistance level. He emphasized that for BTC to confirm a bullish trend, it needs to surpass the $74,000 mark. “It continues to form a seven-month inverted expanding triangle, and the trend of lower highs and lower lows from March 2024 remains intact,” he stated.</p>
<h2 id="can-ethereum-maintain-its-upward-momentum">Can Ethereum Maintain Its Upward Momentum?</h2>
<p style="text-align: justify">Brandt noted that Ethereum has recently broken through a bullish reversal pattern, suggesting it has completed a head and shoulders formation. He remarked, “The closing price chart for ETH shows an inverted head and shoulders pattern. I currently do not hold a position in ETH.”</p>
<p style="text-align: justify">Brandt also highlighted Solana’s development, which appears to be forming a cup and handle structure, indicating a potential pause before a possible price surge. He remarked, “SOL is likely showing a cup and handle with a rectangle as the handle. I do not have a position in this cryptocurrency.”</p>
<ul>
 <li>Brandt anticipates Bitcoin to experience upward price movements.</li>
 <li>Ethereum’s recent chart patterns indicate strong bullish sentiments.</li>
 <li>Solana is preparing for a potential rise based on its cup and handle formation.</li>
 <li>Technical signals suggest a shift in market conditions, benefiting other altcoins as well.</li>
</ul>
<p style="text-align: justify">Brandt’s insights into the current trends of Bitcoin, Ethereum, and Solana invite traders to monitor developments closely. His observations may indicate that a market shift could soon benefit these cryptocurrencies significantly.</p>
<h5><span style="font-weight:bold;font-size:16px">Continue Reading: </span> <a href="https://en.bitcoinhaber.net/traders-anticipate-price-movements-in-major-cryptos" data-wpel-link="internal" rel="noopener noreferrer nofollow">Traders Anticipate Price Movements in Major Cryptos</a></h5>

Traders Anticipate Price Movements in Major Cryptos

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