Seasoned trader Peter Brandt says Bitcoin (BTC) is flashing a common bull market pattern that typically precedes a burst to the upside. The trader, who gained legendary status after calling the 2017 Bitcoin collapse, says BTC may soon rally to around $80,000 as it threatens to take out its short-term diagonal resistance. However, Brandt warns […]
The post Trader Peter Brandt Predicts Breakout Rally for BTC Amid ‘Basic’ Bull Market Pattern – But There’s a Catch appeared first on The Daily Hodl.
Veteran trader and renowned chartist Peter Brandt has urged gold bug Peter Schiff to “put things in a broader perspective” when comparing gold to bitcoin. Schiff ramped up his criticism of the crypto this week as the price of gold rose and bitcoin dipped slightly. “I expect gold’s rise and bitcoin’s fall to accelerate. Don’t […]
Veteran trader and renowned chartist Peter Brandt says bitcoin is “vying to become the Level 1 ‘store-of-value’ standard replacing fiat currencies and government bonds.” He explained that fiat currencies, like the U.S. dollar, “will still be used to buy groceries and pay for gas.” Moreover, he expects governments to “constantly be issuing new currency replacements.” […]
Bitcoin’s valuation surged past the $1 trillion mark, significantly increasing the net worth of its elusive creator, Satoshi Nakamoto, by nearly $9 billion in two months. JPMorgan Chase analysts have identified the Bitcoin halving event and an upcoming major Ethereum network upgrade as key drivers of cryptocurrency prices. Veteran trader Peter Brandt has revised his […]
Veteran trader and renowned chartist Peter Brandt has doubled down on his bullish outlook for bitcoin. After raising his bitcoin price target for this bull market cycle to $200K, Brandt pointed to “huge monthly bars” on his bitcoin price chart, stating: “My bet is that this is a ‘starting’ candle.” Peter Brandt’s Bitcoin Bull Run […]
Veteran trader Peter Brandt has provided an update on his bitcoin price prediction. He explained that the price target for “the current bull market cycle” scheduled to end in Aug/Sep next year has been raised from $120,000 to $200,000. Peter Brandt on Bitcoin Bull Market Cycle Peter Brandt provided an update on his bitcoin price […]
Veteran trader Peter Brandt has warned that U.S. Securities and Exchange Commission (SEC) Chairman Gary Gensler should not be trusted. He stressed that Gensler “has a long history of not looking out for the interests of investors.” Brandt further emphasized that the SEC chairman “was instrumental in the bankruptcy” of a major company and was […]
Veteran trader Peter Brandt foresees Ethereum (ETH) falling to a level last reached in early November. Brandt tells his 709,400 followers on the X social media platform that Ethereum is possibly forming a descending triangle, a pattern that is typically considered bearish. According to Brandt, if Ethereum forms a “decisive close below the lower boundary” […]
The post Ethereum To Crash Below $2,000? Veteran Trader Peter Brandt Predicts ETH To Head Lower if This Happens appeared first on The Daily Hodl.
A widely followed crypto analyst is issuing a warning about the second-largest digital asset by market cap. Veteran trader Peter Brandt warns his 707,300 followers on the social media platform X that top altcoin Ethereum (ETH) could soon see an epic crash that sends it below $700. “Classical chart patterns in price charts are not sacred […]
The post Veteran Trader Peter Brandt Issues Ethereum Alert, Says ETH Could Crash by up to 70% – Here Are His Targets appeared first on The Daily Hodl.
Legendary trader Peter Brandt has come out with a bullish chart that predicts new all-time highs (ATHs) for Bitcoin (BTC). The veteran trader shares his “blueprint,” which he says he’s been using for about two years, to detail a potential timeline for the king crypto to break the $70,000 level. Says Brandt, “Anyone who declares […]
The post Trading Legend Peter Brandt Predicts New Bitcoin (BTC) All-Time Highs – Here’s His Timeline appeared first on The Daily Hodl.
