Legendary trader Peter Brandt has shared his thoughts on Bitcoin, noting that the pioneer cryptocurrency could continue pushing higher.

Brandt highlighted a “double-walled fulcrum pattern” visible on the bitcoin chart’s four-hour timeframe. According to the pundit, the “extremely rare” pattern signalled that Bitcoin had already bottomed in the $15,000-$16,000 price range and was ready for lift-off. Brandt further noted that he expected the price to tap $25,000 in the near term, saying, “the 2X target is mid 25’s.”