No $200K Bitcoin? Popular Trader Explains Why It’s Unlikely This Decade

No $200K Bitcoin? Popular Trader Explains Why It’s Unlikely This Decade

Peter Brandt, a seasoned trader, has dismissed optimistic predictions in the wake of Bitcoin’s recent increase to $97,000+. His latest technical analysis indicates that the most prominent cryptocurrency may encounter difficulty in surpassing the coveted $200,000 threshold prior to 2030. Bitcoin has demonstrated a mixed performance, with a daily gain of 0.17% and a 2.85% decline over the course of the week, prompting the forecast. Related Reading: XRP To 3 Digits? The ‘Signs’ That Could Confirm It, Basketball Analyst Says The Protracted Path To Six Figures Bitcoin will face....


Related News

Bitcoin trader explains why BTC outperforming Ethereum is just 'simple math'

Bitcoin has been outperforming Ethereum in the past few days as one popular trader says this is a result of "simple math." Bitcoin (BTC) has been outperforming Ether (ETH) in the past several days as BTC surged above $50,000 for the first time in history. Meanwhile, one popular cryptocurrency trader explains that this is "simple math" given the growing institutional demand for BTC. BTC vs. ETH (orange) performance in February. Source: TradingviewWhile ETH is beating BTC in USD terms year-to-date, Bitcoin is gaining steam in February, up 60% compared to Ether's 50%. Ether did rally by....

Chipotle’s ‘Buy the Dip’ Game Plans to Reward Players With $200K in ETH, BTC,...

Chipotle Mexican Grill, often referred to as simply Chipotle, has announced a new cryptocurrency game that encourages fans to “Buy the Dip.” The game aims to give away over $200K in crypto rewards and coupons for specific foods priced at a penny. Chipotle Returns With Another Crypto-Infused Contest In April 2021, Bitcoin.com News reported on the American fast-food chain Chipotle (NYSE: CMG) giving away free burritos and bitcoin (BTC) to celebrate National Burrito Day. The giveaway was featured as a game that visitors could play in order to win a BTC or burrito....

Chipotle To Give Away $200k in Crypto Through ‘Buy The Dip’ Game

Chipotle launched a limited time market simulation game ‘Buy the Dip’ which will give away $200k in crypto. Chipotle Mexican Grill is celebrating National Avocado Day on July 31 and through this new game called ‘Buy the Dip’, it is offering players to get a chance to win thousands of dollars worth of cryptocurrency. This […]

Research Firm Predicts Bitcoin Will Hit $200K in Second Half of 2022, ETH to ...

This week in a note to investors, Fsinsight, a Fundstrat company, said bitcoin could reach $200,000 during the second half of the year. In the investor’s note, Fsinsight’s head of digital asset strategy, Sean Farrell, said the parabolic growth would be due to “legacy market capital entering the fold.” Fsinsight: ‘Bitcoin to Tap $200K in H2 2022, Ethereum Will Jump Close to 400%’ While last year’s $100K predictions went silent during the last month of 2021, bitcoin (BTC) price predictions are starting to appear again this year. According to....

Wind-Breaking NFTs: Reality Star Who Made $200K Selling Farts in Mason Jars L...

Just recently the reality star, American Youtuber, and Tiktoker Stephanie Matto made international headlines after raising $200K from selling her farts contained in mason jars online. After Matto had to go to the hospital and after a doctor told her the farting idea was causing her to get hospitalized, she’s decided to sell her fart jars as non-fungible token (NFT) collectibles. Tiktoker Reveals Fart Jars NFT Collection The Youtuber and Tiktoker Stephanie Matto chose an interesting career choice when she decided to sell her farts in mason jars to paying customers online.....