Peter Brandt Sees ‘Little Boxes’ for Bitcoin: Trapped in Tight Range

Veteran trader Peter Brandt has weighed in on the future price outlook of Bitcoin (BTC), using a striking analogy to highlight the asset’s stagnant performance. In his characteristically bold approach, Brandt compared BTC’s current movement to rows of identical houses—a reference to the iconic song ‘Little Boxes’ by Malvina Reynolds. He suggests that Bitcoin is currently trapped in a repetitive pattern with little upward progress. 30-day trading has remained constrained between $75,000 and $88,000, unable to break past the $90,000 level despite broader market shifts.