Tag Archives: peter brandt

Tom Lee, Fundstrat’s chief analyst, thinks Bitcoin (BTC) price will reach 40,000 before the Dow Jones reach 40,000. Bitcoin halving is just 89 days away and the world is in crisis – how will this influence the price?Famous trader Tom Lee makes yet another huge prediction regarding the Bitcoin price. This time, he claims that Bitcoin will reach 40,000 even before the Dow index does. Dow currently trades at 29,280. He thinks that, till August 2020, Bitcoin will cost at least 20,000, and then it...

Peter Brandt laid out two scenarios for bitcoin last month. The recent price action of bitcoin suggests that Brandt’s immediate bull scenario is playing out. Brandt teases his followers with the possibility of a bull run in his latest tweet. The most followed trader on Twitter, Peter Brandt, made his Bitcoin Live Crypto report available for free last month. In this issue, the veteran analyst presented two bullish scenarios for the king of cryptocurrencies. The first...

Legendary trader Peter Brandt shared his bitcoin report to the public.In the report, the analyst shared two scenarios that can propel bitcoin to $100,000 or even higher.The trader also stressed in the report that possibilities are not certainties as there’s always a chance that his scripts don’t play out.Peter Brandt, the most followed trader on Twitter, was feeling extra generous this week. The veteran analyst made his Bitcoin Live Crypto report available at no cost. In this particular...

On Wednesday most cryptocurrencies were trading in red again including Bitcoin (BTC) that, in the last 24 hours couldn’t turn its trace. Bitcoin closed on Tuesday the day at the $7,198 price mark, at which point the world’s largest crypto coin found an intra-day high on Wednesday of $7,227, before moving down again towards its current trading price near $6,945 still falling by 3.51 at 11:53 am CET. Among the possible influencing factors we should mention the recent Upbit hacker attack.BTC is...

Some sources are asking the big question, “Is now the time to buy bitcoin?”Bitcoin: Where Will It Go From Here?The currency is trading for just over $7,000 at press time, meaning the fall is continuing. Right now, it’s not understood why the currency is dropping so drastically. What could be occurring behind closed doors that’s potentially making the world’s number one cryptocurrency dive to record lows? It’s now the lowest it’s been in roughly six months.While answers aren’t necessarily...

Bitcoin is now in a downtrend after Friday’s technical reversal.Analyst Peter Brandt believes that a cleansing is in order before bitcoin can start a new bull market.He says investors who refuse to be shaken out by the stomach-churning purge could reap ridiculous profits in the future.The world’s dominant cryptocurrency appears to have lost all bullish steam. The momentum that the bitcoin price generated when it printed a 2019 high of $13,880 has vanished, giving way to a rapid downturn.This...

Bitcoin’s epic surge has lifted the entire crypto market, with one notable exception: ripple (XRP) Ripple is barely treading water, while most of its peers are enjoying meteoric gains. Crypto analysts say there are three reasons XRP is struggling. It’s been quite a while since most cryptocurrencies posted tremendous gains. Major coins such as bitcoin, bitcoin cash, and bitcoin sv are up by over 15 percent. Other coins in the top ten were not far behind, with litecoin and ethereum...

Though other cryptocurrencies will likely go through periodic pumps, bitcoin is the only crypto with real and lasting value, according to Peter Brandt. | Source: ShutterstockAre you holding cryptocurrencies other than bitcoin? If so, you might want to overhaul your portfolio.That's because an expert in classical charting principles warns that buying altcoins is not a wise investment decision.Not now, not ever.Altcoins Are 'Lead' to Bitcoin's 'Gold'Earlier this week, Peter Brandt took to...

Tuesday's bitcoin price surge launched BTC as high as $10,750 on Bitstamp, decimating $68 million worth of shorts in the process. | Source: ShutterstockBitcoin (BTC) is back in positive territory today. Yesterday’s surge of nearly 8% on Bitstamp saw BTC shoot back past $10,000 and then briefly clip the $10,750 mark on Tuesday.Most of the cryptocurrency market followed, with only a handful of altcoins in the red.Bitcoin Price Booms Amid Mammoth Short SqueezeThe bitcoin price clipped the...