Cryptocurrency enthusiasts are greeted by a promising day after a long wait, with Bitcoin (BTC) 
$93,455 hovering just below its all-time high. Although altcoins have been significantly worn down due to prolonged consolidation, they may start to show signs of recovery in the coming months if the previous two quarters do not repeat themselves. What insights does Peter Brandt hold regarding future trends? What are the latest expert predictions for NEIRO Coin?
Brandt’s Insights on Bitcoin
As this article is being prepared, BTC is priced at $71,180. Peter Brandt, a trader since 1975, is recognized as one of the top figures in this field. He has witnessed numerous technical indicators develop over the years and is regarded as a significant voice in cryptocurrency analysis.
In his current evaluation, he addressed those interpreting the recent surge as a breakout, diving into the specifics of what constitutes a genuine breakout.
“When is a breakout really a breakout? Bitcoin bulls should be excited, but there are rules to determine breakouts. Diagonal formations with sloped boundaries are tricky to trade because breaking a boundary—although thrilling for bulls—does not signify a breakout.
For it to be considered a “real” breakout, the price must close above $76,000 on the daily chart (ATR close above March’s peak) and confirm at midnight UTC on Sunday.
Looking at the weekly chart, this progress only reached significant chart points; much work remains. Bitcoin bulls, be excited but do not be dogmatic.”
Highlighting the critical level that needs to be seen in the weekly close, Brandt appeared more hopeful than ever regarding the continuation of the upward trend.
NEIRO Coin Commentary
Two analysts have focused on NEIRO Coin today. TraderSZ shared a chart indicating a bullish sentiment due to the recovery of the mid-range and the breakout of the trend line, alongside a relatively favorable ETH price. He believes NEIRO Coin could now initiate a new bullish wave.
Levis, on the other hand, emphasizes that clear closes above $0.00181 are necessary for the continuation of the upward trend.
