As a seasoned researcher with over three decades of experience in the financial markets, I have seen countless predictions and trends come and go. However, when it comes to Peter Brandt, I find his analysis particularly intriguing, given his remarkable track record and deep understanding of market dynamics. His latest prediction about Bitcoin’s post-halving rally is certainly something that warrants close attention.
On the X social media platform, well-known commodities trader Peter Brandt expressed his viewpoint that Bitcoin‘s surge following its halving might be underway.
According to Brandt, the five-month inverted expanded triangle has now been completed.
“The series of lower highs and lower lows since March has come to an end,” he said.
Simultaneously, Brandt emphasized that consistent action is crucial for the top cryptocurrency’s success.
Today, the most prominent cryptocurrency reached a high of $71,540 within the current trading day, as indicated by data from CoinGecko.
After giving up some gains, the leading cryptocurrency by market cap is changing hands at $71,147.
By June, Brandt forecasted that the top cryptocurrency might touch a fresh peak near September 2025.
According to historical trends of bull markets, a well-known trader predicts that cryptocurrency might reach $150,000. However, he emphasized that there’s no guaranteed method for analysis in investing. He went on to say, “It’s possible these estimates could be off base. That’s why I always make trades while considering risk management.” This was shared in his latest social media update.
Recently, Brandt expressed his belief that Bitcoin is about to experience an unprecedented and eagerly awaited surge, which could be a record-breaking event.
Additionally, the analyst pointed out that “buying Bitcoin long-term” was their “most significant” bet on speculation.
According to U.Today’s latest reports, I’ve noticed an uptick in the Bitcoin price, which seems to be fueled by robust inflows into spot Exchange Traded Funds (ETFs). Remarkably, these ETFs have demonstrated consistent daily growth for five consecutive days now.
Read More
- EUR CAD PREDICTION
- EUR MYR PREDICTION
- EUR ARS PREDICTION
- USD RUB PREDICTION
- LUNC PREDICTION. LUNC cryptocurrency
- OKB PREDICTION. OKB cryptocurrency
- Stardew Valley Suffering From Major Problem on Xbox
- CHR PREDICTION. CHR cryptocurrency
- Shiba Inu (SHIB) Whales Selling Rapidly: Details
- SAFE PREDICTION. SAFE cryptocurrency
2024-10-29 11:04