Peter Brandt Slams Bitcoin’s $250K Forecasts as Ascending Channel Caps Upside

TLDR: Peter Brandt publicly rejected $250,000 Bitcoin forecasts for 2026, calling them unrealistic based on current chart conditions. Bitcoin’s ascending channel allows gradual gains but does not confirm a bullish reversal or support a parabolic price advance. Brandt identified double bottoms and inverse head-and-shoulders as true reversal signals, none of which appear on Bitcoin’s chart. [...]

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