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Bitcoin Bottom Unconfirmed as Peter Brandt Flags Bear Channel

By Kevin Helms | 2026-05-14 03:30:17 | 4 months ago

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Peter Brandt warned that bitcoin has not formed a recognizable bottom, citing a possible bear channel from the February low.

His key trigger is an ATR close below $79,145, which he said could signal renewed downside.

Bitcoin Recovery Faces Pressure Inside Bear Channel Veteran trader Peter Brandt warned that bitcoin has not completed a recognizable

keywords : Markets and Prices|Bitcoin (BTC)|Peter Brandt

sentiment : NEGATIVE

category data : BTC | TRADING | CRYPTOCURRENCY