Peter Brandt: Bitcoin could rise to $134,886 before correction

🅱️ Renowned trader Peter Brandt believes that Bitcoin has the potential to rise to $134,886 before a significant decline begins.

📈 On July 9, large purchases of BTC on the Bitstamp exchange pushed the coin's price to a new all-time high of $112,050. Bitcoin is currently trading around $111,000.

💬 Brandt explained:

"If the price of BTC drops below $107,000, that will signal a trend reversal. As long as the price is above — the upward movement is strong."

📊 According to the analyst's forecast, the nearest growth targets are $120,958–$134,886, which means a potential increase of 8–21% from current levels.

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