Veteran trader Peter Brandt has revealed he holds a long position on Bitcoin. The cryptocurrency is trading around $79,820, up 1.3% over 24 hours, but remains stuck below the key resistance zone of $80,000 to $82,000. Bitcoin climbed above $80,000 this week for the first time since May and has gained roughly 28% in August. Brandt, who bought BTC following an inverse head-and-shoulders pattern formation, warned that he could exit his positions on a day’s notice.
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