What’s Holding Bitcoin Back? Analyst Says $71,000 Is The Magic Number

What’s Holding Bitcoin Back? Analyst Says $71,000 Is The Magic Number

Veteran trader Peter Brandt believes that the recent rally of Bitcoin still isn’t enough to flip the long-term bearish trend. While BTC did have a brief surge, he insists it hasn’t reached the levels needed to confirm a bullish reversal. Bitcoin needs to break $71,000 first and then confirm that, says Brandt. And while he…