Crypto Blog
Bitcoin had a brief hiccup for two days, Monday and Tuesday, against the backdrop of a roaring month-long bull rally for the cryptocurrency.
More recently, BTC absolutely melted up from $68,000 at the start of November to a record high above the $100,000 level in about 30 days. But the brief pull-back may have only been the little orange coin taking a breath for its next sprint up the chart. While Bitcoin has massively outperformed stocks and bonds in 2024, it has also markedly outpaced price gains in spot gold markets. Legendary technical market analyst and futures trader Peter Brandt noted on Tuesday that a key BTC metric just flashed a promising bullish sign.
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