Bitcoin Moves Catch Traders Off Guard

On July 3, 2025, Peter Brandt, a well-regarded market analyst, made waves in the cryptocurrency world with a surprising analysis shared on social media. His examination of a three-day Bitcoin chart revealed what many had initially thought to be a bearish sign, known as an inverse bear flag. However, Brandt explained that it was actually indicative of a bullish pattern, with Bitcoin nearing a vital support level.

What Does Brandt’s Analysis Reveal?

Brandt’s findings highlight a crucial shift in interpretation, suggesting that the initially bearish-looking bear flag is actually aligning with bullish consolidation. This inversion technique, revealing upward potential, caught many off guard, challenging their assumptions about the current market trend.

Bitcoin’s price, as noted by Brandt, was holding firm above 109,000 USD, a crucial support level since mid-June. Historically, such periods of stable, low-volatility prices have often been followed by robust upward movements, indicating the asset is gathering momentum for a future rally.

What If Support Levels Fail?

Should Bitcoin remain above this consolidation zone, traders could expect a swift surge to over 115,000 USD. Next, the 118,000 USD mark stands as another critical target, especially considering its alignment with the Fibonacci extension levels, representing both psychological and technical resistance.

Conversely, Brandt warns that a sustained drop below the 109,000 USD level could usher in a genuine downtrend. In this scenario, Bitcoin might test the crucial 100,000 USD mark, which aligns with the lows recorded in June and would be a significant psychological barrier for investors.

Additional factors come into play should Bitcoin decline, with 98,000 USD offering potential support. This price correlates with the 50-day EMA and volume-weighted averages, marking it as a point of interest. If downward pressure builds, leveraging in derivative markets might be compromised, possibly triggering a sharp decline. Nevertheless, experts believe this fall would attract significant institutional interest near 100,000 USD, potentially stabilizing Bitcoin’s long-term bullish outlook.

Key conclusions from Brandt’s analysis demonstrate:

• Maintaining above 109,000 USD is critical for bullish sentiment.
• A close above 112,500 USD could reinforce ongoing bullish trends.
• A downturn below the support might lead to 100,000 USD tests.

Brandt’s unconventional interpretation has prompted increased scrutiny and interest from market participants, underlying the dynamic nature of cryptocurrency trading and technical analysis interpretations. His insights serve as a reminder of the complexities involved in chart reading and market predictions.