{"id":141941,"date":"2024-11-11T14:00:37","date_gmt":"2024-11-11T12:00:37","guid":{"rendered":"https:\/\/cryptodnes.bg\/en\/?p=141941"},"modified":"2024-11-11T12:30:01","modified_gmt":"2024-11-11T10:30:01","slug":"peter-brandt-compares-gold-and-bitcoin-charts-predicting-big-gains","status":"publish","type":"post","link":"https:\/\/cryptodnes.bg\/en\/peter-brandt-compares-gold-and-bitcoin-charts-predicting-big-gains\/","title":{"rendered":"Peter Brandt Compares Gold and Bitcoin Charts, Predicting Big Gains"},"content":{"rendered":"<p>Amid this rally, renowned trader Peter Brandt pointed to an unusual pattern that could potentially lead to even higher prices.<\/p>\n<blockquote class=\"twitter-tweet\">\n<p dir=\"ltr\" lang=\"en\">This is called a complex continuation inverted H&amp;S pattern \u2013 I know that\u2019s a mouth full<br>\nLots of chartists deny its existence \u2013 not me<br>\nAlso not Schabacker, Edward and Magee \u2013 check for yourself<br>\nNote the similarities to Gold in 2009-2010<br>\nComplex shoulders, stunted RS<a href=\"https:\/\/twitter.com\/search?q=%24BTC&amp;src=ctag&amp;ref_src=twsrc%5Etfw\" target=\"_blank\" rel=\"nofollow\">$BTC<\/a> <a href=\"https:\/\/twitter.com\/search?q=%24XAUUSD&amp;src=ctag&amp;ref_src=twsrc%5Etfw\" target=\"_blank\" rel=\"nofollow\">$XAUUSD<\/a> <a href=\"https:\/\/t.co\/6YfzDsq5Om\" target=\"_blank\" rel=\"nofollow\">pic.twitter.com\/6YfzDsq5Om<\/a><\/p>\n<p>\u2014 Peter Brandt (@PeterLBrandt) <a href=\"https:\/\/twitter.com\/PeterLBrandt\/status\/1855715117159076023?ref_src=twsrc%5Etfw\" target=\"_blank\" rel=\"nofollow\">November 10, 2024<\/a><\/p><\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>Brandt showed two comparative charts of <a href=\"https:\/\/cryptodnes.bg\/en\/cryptocurrency\/bitcoin\/\"><strong>Bitcoin<\/strong> <\/a>and gold, identifying a complex continuation of an inverted \u201c<em>head and shoulders<\/em>\u201d (H&amp;S) pattern in Bitcoin\u2019s price movement.<\/p>\n<p>He noted that many chart analysts ignore this rare pattern, despite its clear visibility.<\/p>\n<style>\n    .dark-mode .read-more {background-color: #343a40 !important;}\n<\/style>\n<div class=\"read-more pb-3 pt-3 pt-md-2 px-3 my-4 border bg-light\">\n    <h5 class=\"text-uppercase border-bottom mb-3 pb-1 d-none d-md-block\">READ MORE:<\/h5>\n    <a class=\"article row\" href=\"https:\/\/cryptodnes.bg\/en\/explosive-bitcoin-price-prediction-from-vaneck-ceo\/\" title=\"Explosive Bitcoin Price Prediction From VanEck CEO\">\n        <div class=\"contentRight col-4\">\n            <span class=\"imgContainer mt-0\">\n                <img decoding=\"async\" class=\"image img-defer\" src=\"https:\/\/cryptodnes.bg\/en\/wp-content\/uploads\/sites\/2\/2023\/02\/bitcoin-red1-e1694692269290-240x170.webp\">\n            <\/span>\n        <\/div>\n        <div class=\"contentLeft col-8\">\n            <h4 class=\"title mb-0\">Explosive Bitcoin Price Prediction From VanEck CEO<\/h4>           \n            \n        <\/div>        \n    <\/a>\n<\/div>\n<p>Citing a similar configuration on a 2010 gold chart, in which the price broke through $1,000 resistance and eventually climbed to $2,672, Brandt suggested that Bitcoin could follow a similar trend.<\/p>\n<p>If this pattern plays out, the price of BTC could potentially reach $200,000 in the future.<\/p>\n<p>Amid this rally, renowned trader Peter Brandt pointed to an unusual pattern that could potentially lead to even higher prices.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The price of Bitcoin (BTC) recently surpassed $82,000, reaching several new all-time highs (ATH) since the beginning of the month.<\/p>\n","protected":false},"author":7,"featured_media":24514,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_lmt_disableupdate":"","_lmt_disable":"","footnotes":""},"categories":[27],"tags":[],"class_list":["post-141941","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-bitcoin"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v24.8.1 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Peter Brandt Compares Gold and Bitcoin Charts, Predicting Big Gains<\/title>\n<meta name=\"description\" content=\"The price of Bitcoin (BTC) recently surpassed $82,000, reaching several new all-time highs (ATH) since the beginning of the month.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" 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