Peter Brandt Agrees: This COT Shift Could Be Bitcoin’s Biggest Bull Signal Since 2025
Peter Brandt backs a rare COT positioning flip in Bitcoin futures. McClellan says large specs turned net long with urgency. Is a rally coming?
➤ Noted analyst Peter Brandt has publicly agreed with Tom McClellan's analysis of a rare Commitment of Traders (COT) positioning shift in Bitcoin futures, suggesting a potential immediate rally. ➤ McClellan's data indicates that non-commercial traders, considered the 'smart money' in Bitcoin futures, have moved from a net short to a significantly net long position with urgency. ➤ This bullish signal from trader positioning contrasts with Brandt's earlier technical analysis showing Bitcoin's repeated failures to break a descending resistance line, creating a complex market dynamic where price action will be key.
