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Don't remind me again today

Bro, don't mess with my mindset... Just saw Peter Brandt throw out a harsh point: if BTC can't hold up against the long-term channel's ceiling, it's not impossible for it to go straight to 40000.



He spent half a day studying the weekly logarithmic chart—did you notice that this year BTC hasn't touched the upper trend line drawn from the 2013 bull market at all? That wasn't a good sign in the past. The historical pattern is there; every time it fails to break through the ceiling, the price starts to test the support at the lower trend line. Honestly, the situation looks a bit precarious right now.
BTC-7.24%
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GateUser-26d7f434vip
· 3h ago
Damn, 40000 is really coming, I just added leverage.
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Layer2Arbitrageurvip
· 3h ago
lmao brandt's on-chain analysis is literally just pattern matching without accounting for liquidity depth across centralized vs. decentralized venues. the math doesn't check out — if you actually run the numbers on basis point spreads between spot and perps, there's a 200bps delta-neutral opportunity he's completely missing. classic trader move, ignoring the arbitrage window right in front of you.
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RamenStackervip
· 3h ago
40k? Bro, are you cursing me? I just increased the position.
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