Bitcoin Slides Over 13%, Veteran Trader Peter Brandt Suggests BTC Will Peak a...

Bitcoin Slides Over 13%, Veteran Trader Peter Brandt Suggests BTC Will Peak a...

Veteran trader Peter Brandt has implied in a tweet that bitcoin will go through deep price corrections before it gets to the $200,000 mark. Brandt points to the 2015-17 bull run when bitcoin went through similar corrections about nine times as the precedent the crypto asset might follow. More Corrections Expected Consequently, Brandt is asking his Twitter followers to predict the number of similar 30% price corrections that they expect to see before BTC ultimately gets to the $200,000. Already, as Brandt explains in the tweet, the crypto asset has gone through one such correction since....


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Veteran Analyst Says BTC Might See Further Correction but ‘Prices Have Not To...

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Bitcoin hits a new high of $51.3K as analyst declares 'historic' parabolic ad...

It's all systems go for Bitcoin as bulls look to cement $50,000 as support and create the "new normal" for BTC/USD. Bitcoin (BTC) hit new lifetime highs of more than $51,200 on Feb. 17 as it tackled what trader Peter Brandt confirms is a “parabolic advance.”BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewBitcoin enters uncharted $50,000 zoneData from Cointelegraph Markets and TradingView showed BTC/USD passing the $50,000 resistance level again on Wednesday, this time continuing into uncharted territory.Tuesday had seen Bitcoin hit $50,000 for the first time ever, that level....