In a recent disclosure, veteran trader Peter Brandt shared his strategic approach to trading Bitcoin. He confirmed a long position in spot Bitcoin, showcasing his enduring confidence in the cryptocurrency.

This disclosure coincides with a broader look into his trading book, which also includes positions in Swiss francs and short stakes in Russell 2000 Index futures. Brandt’s trading philosophy reflects a diversified strategy, which includes setting orders in commodities like coffee and cotton.

Brandt’s continued optimism towards Bitcoin might attract attention from other traders, motivating them to evaluate similar positions in the current market climate.