Peter Brandt Reveals He Is Long Bitcoin
Bitcoin has once again failed to break decisively above the $82,000 resistance zone. The cryptocurrency retreated after briefly approaching the level as traders assess whether its recent recovery can extend further. Despite the bulls inability to overcome stubborn resistance, veteran trader Peter Brandt has disclosed that he remains long on the bellwether cryptocurrency. Peter Brandt Reveals He Is Long Bitcoin Discover more Subscribing To News Choosing Cloud Hosting Tracking Market News XRP, Binance Coin (BNB), Hyperliquid (HYPE) and Dogecoin (DOGE) Price Analysis for August 28: Rekindling the Momentum In a recent social media post, Brandt said that he was “also long Bitcoin” while revealing a broader portfolio that includes long positions in KC Wheat, soybeans, corn, meal, New York sugar and the peso, alongside a short position in lean hogs. Brandt added that he currently has an unusually large position in grain markets. That said, Brandt warned followers that he can exit positions on a days notice. A major resistance level Bitcoin is trading at around $79,820 at press time, up 1.3% over the past 24 hours. The cryptocurrency has traded as high as $81,282 during the session, but it has since pared some of its gains. The area around $80,000-$82,000 has proven to be a major resistance zone that it is extremely challenging









