Odaily星球日报讯 资深交易员 Peter Brandt 在社交媒体平台 X 上对比特币价格走势提供了关键见解，Brandt 强调，当前的比特币价格模式“呈现下行通道”。Brandt 最近的分析还表明，比特币可能具有显着的长期上涨空间。

Peter Brandt：比特币可能具有显著的长期上涨空间

Odaily trader Peter Brandt provided key insights into Bitcoin price movements on social media platform X, emphasizing that the current Bitcoin price pattern &quot;presents a downward channel.&quot; Brandt&#39;s recent analysis also suggests that Bitcoin may have significant long-term upside potential.

Peter Brandt: Bitcoin could have significant long-term upside

Odaily Odaily News: Julien Bittel, head of macro research at Global Macro Investor, a financial consulting publication, said that Bitcoin has recently seen "extremely tight" Bollinger Bands. If volatility signals are like in the past, Bitcoin has a chance to rise to a six-digit all-time high. Bittel said that the current state of the Bollinger Bands volatility indicator indicates that Bitcoin will rise sharply. He concluded, "By historical standards, the Bollinger Bands are extremely tight. There have only been two other months in history where we have seen weekly Bollinger Bands so tight: April 2016 and July 2023." Bittel continued, "The Bollinger Bands are one of the most important crypto volatility indicators, providing insight into the strength of price trends. The gap between the upper and lower bands is rarely so narrow on a weekly timeframe. Traditionally, what happens next is always good news for bulls. In the previous two events, Bitcoin prices rose sharply in the next 12 months." Last month, Bittel made a similar prediction for the future of Bitcoin, calling for "patience" during the worst price drops in the bull market. Bittel concluded, "If history repeats itself, Bitcoin will break out of the re-accumulation range in September 2024." (Cointelegraph)

Analysis: Bitcoin’s “extremely tight” weekly Bollinger Bands signal a big rally

Odaily Odaily News BlockTower Capital founder and CIO Ari Paul said that the news that the US government plans to hold Bitcoin as its strategic reserve may be "bullish" on its price, but it is unrealistic to achieve this goal in the short term. Paul said he was willing to bet at odds of 10:1 that the United States would not use Bitcoin as a strategic reserve in the next four years, but he believed that Trump might mention this matter at the conference, which is indeed very beneficial to the medium-term trend of Bitcoin. Paul further explained that while the next president may say that they "do not intend to sell" any Bitcoin currently held by the government, this does not mean that they are actually "building a strategic reserve of Bitcoin." (Cointelegraph)

Opinion: "Bitcoin becoming a strategic reserve asset of the United States" will not be realized in the short term. If Trump mentions it, it will be beneficial to the medium-term trend

Telegram founder Pavel Durov detailed how “hundreds of millions of people” will get acquainted with blockchain technology through the messaging app this year.
On July 19, Durov announced that...