Fast execution, robust charts, clean risk controls.
👉 Open account →
COINOTAG recommends • Exchange signup
🚀 Smooth orders, clear control
Advanced order types and market depth in one view.
👉 Create account →
COINOTAG recommends • Exchange signup
📈 Clarity in volatile markets
Plan entries & exits, manage positions with discipline.
👉 Sign up →
COINOTAG recommends • Exchange signup
⚡ Speed, depth, reliability
Execute confidently when timing matters.
👉 Open account →
COINOTAG recommends • Exchange signup
🧭 A focused workflow for traders
Alerts, watchlists, and a repeatable process.
👉 Get started →
COINOTAG recommends • Exchange signup
✅ Data‑driven decisions
Focus on process—not noise.
👉 Sign up →
However, among these events, experienced market veteran Peter Brandt shed light on a potential bullish indicator in the upcoming “Uptober” season.
Brandt’s tweet specifically highlighted a few key elements. Firstly, he pointed out the “lowest ADX reading since July 2020,” suggesting a decrease in overall market strength.
In the meantime, Brandt’s analysis isn’t the only one painting a positive picture for Bitcoin. Gareth Soloway, the founder of Verified Investing, expressed optimism about the possibility of BTC’s rise in the coming weeks.
Bitcoin price regains volatility with significant price gains this week: Is now a good time to buy Bitcoin?
Is It a Good Time to Buy Bitcoin Now?
This week, Bitcoin comfortably showed significant price increases within a well-defined trading range. What’s particularly noteworthy is that the cryptocurrency is moving positively for the month of September—typically a less favorable month for cryptocurrencies compared to historical norms.
However, amid these events, experienced market veteran Peter Brandt shed light on a potential bullish indicator in the upcoming “Uptober” season.
COINOTAG recommends • Professional traders group
💎 Join a professional trading community
Work with senior traders, research‑backed setups, and risk‑first frameworks.
👉 Join the group →
COINOTAG recommends • Professional traders group
📊 Transparent performance, real process
Spot strategies with documented months of triple‑digit runs during strong trends; futures plans use defined R:R and sizing.
👉 Get access →
COINOTAG recommends • Professional traders group
🧭 Research → Plan → Execute
Daily levels, watchlists, and post‑trade reviews to build consistency.
👉 Join now →
COINOTAG recommends • Professional traders group
🛡️ Risk comes first
Sizing methods, invalidation rules, and R‑multiples baked into every plan.
👉 Start today →
COINOTAG recommends • Professional traders group
🧠 Learn the “why” behind each trade
Live breakdowns, playbooks, and framework‑first education.
👉 Join the group →
COINOTAG recommends • Professional traders group
🚀 Insider • APEX • INNER CIRCLE
Choose the depth you need—tools, coaching, and member rooms.
👉 Explore tiers →
Brandt mentioned in a tweet shared on Thursday evening: “Bitcoin has the lowest ADX level since July 2020. Testing the bottom of a fundamental H&S base. Small 6-week inverse Head and Shoulders now possible. Could the bull be awakening? Your thoughts?”
BTC/USD
Brandt’s tweet drew attention to several significant aspects. Firstly, he pointed out the “lowest ADX reading since July 2020,” suggesting a decrease in overall market strength. Secondly, he raised the possibility of a “small 6-week inverse Head and Shoulders (H&S)” pattern forming.
COINOTAG recommends • Exchange signup
📈 Clear interface, precise orders
Sharp entries & exits with actionable alerts.
👉 Create free account →
COINOTAG recommends • Exchange signup
🧠 Smarter tools. Better decisions.
Depth analytics and risk features in one view.
👉 Sign up →
COINOTAG recommends • Exchange signup
🎯 Take control of entries & exits
Set alerts, define stops, execute consistently.
👉 Open account →
COINOTAG recommends • Exchange signup
🛠️ From idea to execution
Turn setups into plans with practical order types.
👉 Join now →
COINOTAG recommends • Exchange signup
📋 Trade your plan
Watchlists and routing that support focus.
👉 Get started →
COINOTAG recommends • Exchange signup
📊 Precision without the noise
Data‑first workflows for active traders.
👉 Sign up →
Such patterns often serve as possible indicators of trend reversals in the near future and suggest a shift towards short-term bullish sentiment. If the H&S pattern plays out, BTC’s price could be poised to jump into the $30,000 range.
Other BTC Price Predictions
Brandt’s analysis is not the only one painting a positive picture for Bitcoin. Gareth Soloway, the founder of Verified Investing, expressed optimism about the possibility of BTC’s rise in the coming weeks. In a video, Soloway talked about the potential emergence of a “Head and Shoulders pattern,” particularly under certain conditions, such as the approval of a Bitcoin exchange-traded fund (ETF).
COINOTAG recommends • Traders club
⚡ Futures with discipline
Defined R:R, pre‑set invalidation, execution checklists.
👉 Join the club →
COINOTAG recommends • Traders club
🎯 Spot strategies that compound
Momentum & accumulation frameworks managed with clear risk.
👉 Get access →
COINOTAG recommends • Traders club
🏛️ APEX tier for serious traders
Deep dives, analyst Q&A, and accountability sprints.
👉 Explore APEX →
COINOTAG recommends • Traders club
📈 Real‑time market structure
Key levels, liquidity zones, and actionable context.
👉 Join now →
COINOTAG recommends • Traders club
🔔 Smart alerts, not noise
Context‑rich notifications tied to plans and risk—never hype.
👉 Get access →
COINOTAG recommends • Traders club
🤝 Peer review & coaching
Hands‑on feedback that sharpens execution and risk control.
👉 Join the club →
However, this is not a reverse Head and Shoulders pattern, which typically implies price declines. Soloway also noted that for the pattern to be valid, the “shoulder” should remain below the previous high (approximately $32,000). If Bitcoin’s price surpasses this level and holds it for seven consecutive trading days, it indicates a different scenario.
The expert mentioned that if a Head and Shoulders pattern emerges, the potential downward target could be around $20,000. However, BTC saw a 0.1% increase in the past 24 hours and was trading at $27,050 at the time of writing.