Bitcoin Cash (BCH) Sees Bullish Outlook from Trading Legend Peter Brandt

Peter Brandt, a veteran trader with experience at Bloomberg, has expressed interest in Bitcoin Cash (BCH), not Bitcoin (BTC). He highlighted a long-term breakout setup with a resistance line at $719.43 and noted that BCH is trading at $655.58, just 10% below its 2024 high. If BCH breaks out above $720, it will be the first time since May 2021 that it prints a new high on the monthly chart. Brandt is watching the price action closely, possibly preparing to act ahead of time.