A man named Peter Brandt, who is very good at buying and selling things called stocks and bitcoins, thinks that Bitcoin did something really special in February. It went up a lot of money in just one month, more than it ever has before. He believes this means Bitcoin will keep going up even more in the future because more people are interested in buying it now, like big companies and organizations. Read from source...
1. The title is misleading and exaggerated. It implies that the veteran trader said Bitcoin will gain $20K per month, which is not true. He only mentioned the unprecedented $20K monthly gain as a "starting candle," but did not predict any specific amount or rate of return for the future.
Bullish
Explanation: The article discusses Bitcoin's unprecedented $20K monthly gain and veteran trader Peter Brandt's analysis of it as a "starting candle" for larger advances to come. This indicates a bullish sentiment towards Bitcoin, as the potential for further gains is highlighted. The growing institutional interest and surging ETF inflows are also mentioned as factors contributing to this positive outlook.