Peter Brandt Flips Bullish as Bitcoin Rebounds 27% ⚙️📈 $BTC trades near $79,500 after executing a 27% rally from $62,679, driven by technical chart patterns, short liquidations, and spot ETF inflows. Veteran trader Peter Brandt reversed his earlier bearish call after Bitcoin hit his target zone ($58,000–$62,000) at a July low of $57,717. The subsequent formation and breakout of an inverse head-and-shoulders pattern triggered a technical buy signal. Forced short liquidations accelerated the upward move, while U.S. spot Bitcoin ETFs added $1.92 billion in net demand over five trading sessions. Macro tailwinds, including long-term Treasury yield declines and expanded Treasury bond buybacks, further supported the rally. The technical bounce validated lower-range support, but $80,000 remains a formidable overhead barrier. Holding recent gains above $75,000 is critical to preventing a drop back toward lower consolidation levels. ⚙️📊 #BTC Price Analysis# #Ad #Bitcoin Price Prediction: What is Bitcoins next move?# #BTC