An interesting observation from X these days — seasoned commodity market trader Peter Brandt is once again drawing the crypto community's attention to a technical pattern in Bitcoin. He has been trading since the 1970s, so his analysis typically garners serious attention.
Brandt posted a chart of BTC, which he first shared in mid-October, and decided to revisit it with a comment. The essence of his observation is that Bitcoin is in a critical zone — the so-called "window." According to him, there are two possible scenarios: either the price "jumps through the window" (sharp rise), or the "window closes" (pullback). This phrasing is quite figurative, but the meaning is clear — a key level that determines the next move.
Interestingly, Peter Brandt is known for actively commenting on the crypto market. He regularly shares thoughts on Bitcoin, Ethereum, Solana. His attitude toward different assets varies — he clearly prefers Bitcoin, while he’s not particularly fond of Ethereum, although he’s still willing to trade it if the opportunity arises. He once commented on XRP but later stepped back, as he found interactions with its community too toxic.
Regarding the current price dynamics, over the past 24 hours, Bitcoin has increased by about 4%, rising to the $67.3K zone, where it is trading now. Looking at hourly candles, the picture is interesting — on Tuesday, there was a strong green candle at 3.46%, followed by a red one of the same size. On Monday, there was also a green candle at 2.75%. Since Sunday, the growth has exceeded 10%. From October 10, when Bitcoin touched a local bottom around $59.3K, the rise has been approximately 14%. Such a volatile period.
Overall, Peter Brandt has identified a point to watch. What happens next with BTC will be determined by the market.