Price walls reappear in BTC after 2021, Peter Brandt notes

Price walls reappear in BTC after 2021, Peter Brandt notes
Old-school TA returns to BTC

Peter Brandt, founder and CEO of Factor LLC, observes that price walls—a decades-old technical analysis tool—have once again become apparent in BTC, similar to what was seen at the BTC bottom in 2021.

Brandt suggests that traditional technical analysis methods can outperform newer approaches in crypto trading.

Brandt has previously advised traders to conduct due diligence before following online market experts, outlining the key criteria for identifying credible trading gurus online. He has also noted that his Factor Report draws extensively from Richard W. Schabacker's 1932 chart analysis book. These insights reflect Brandt's long-standing reliance on traditional technical analysis in market evaluation.

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