Darling, gather ’round! The ever-so-charming Peter Brandt, that doyen of commodities trading, has decided to play a rather risqué tune with Bitcoin (BTC). Yes, my dears, he’s gone and shorted it! 🌪️
Despite being a long-term paramour of the crypto darling, Brandt’s heart now flutters with bearish sentiments, all thanks to the oh-so-dramatic “megaphone pattern.” How très chic! 🎭
“No tips, darlings. It’s simply brutal,” Brandt quipped in a recent social media tete-a-tete. “Bisecting one’s brain? Painful, my loves. It’s like choosing between champagne and caviar-both divine, yet utterly conflicting.” 🥂🍾
Back in August, our dear Brandt whispered that there was a 30% chance Bitcoin had already peaked in this cycle. Yet, the optimist in him still predicted a stratospheric ascent to $500,000 by November 2026. Ah, the sweet contradictions of the trading world! 🎢
The Bearish “Megaphone” Pattern 🎺
Brandt’s latest dalliance is with the bearish megaphone pattern, a broadening wedge that screams, “Volatility, darling, is my middle name!” In Bitcoin’s case, it appears to be a broadening top-a veritable catfight between bulls and bears, each clawing for dominance. 🐂🐻
A daily close below the lower trendline? Why, that would be the dramatic finale, the curtain call for a bearish reversal. 🏹
Do others besides me find it a tad awkward, intellectually/emotionally, when one holds contrary positions in accounts designed to trade different systems/time frames?
As an investor, I’ve been Bitcoin’s devoted suitor for years.
As a swing trader, I’m now short $BTC futures based on this megaphone. 🎷– Peter Brandt (@PeterLBrandt) October 30, 2025
Bitcoin, that tempestuous temptress, reached a new all-time high of $126,080 on October 6. But, my stars, she’s now poised to end this month in the red-the first October to do so since 2018! Scandalous! 🔴
Earlier today, she plunged to an intraday low of $106,464, only to recover above the $110,000 mark. Oh, the drama! The intrigue! The sheer audacity of it all! 🎭
Read More
- Clash Royale Best Boss Bandit Champion decks
- Mobile Legends November 2025 Leaks: Upcoming new heroes, skins, events and more
- The John Wick spinoff ‘Ballerina’ slays with style, but its dialogue has two left feet
- Delta Force Best Settings and Sensitivity Guide
- Stocks stay snoozy as Moody’s drops U.S. credit—guess we’re all just waiting for the crash
- Bentley Delivers Largest Fleet of Bespoke Flying Spurs to Galaxy Macau
- Kingdom Rush Battles Tower Tier List
- ‘Australia’s Most Sexually Active Woman’ Annie Knight reveals her shock plans for the future – after being hospitalised for sleeping with 583 men in a single day
- Steve McQueen on making WWII personal with ‘Blitz’: ‘It’s about us fighting ourselves’
- Clash of Clans: How to beat the Fully Staffed Challenge
2025-10-31 08:41