Buckle up, folks! The one and only Peter Brandt, the crypto trader with a knack for making bold predictions, has unleashed his thoughts on Ethereum, and let me tell you, it’s a wild ride! 🎢
According to Brandt, Ethereum is nothing but a steaming pile of trash, a bad bet that’s been losing ground against the mighty Bitcoin. But wait, there’s a catch! 🤔 Even this crypto curmudgeon is leaving the door open for a potential short-term ETH move, which has everyone scratching their heads. 🤯
The broader crypto market has been a rollercoaster, with an estimated $8 billion wiped out in liquidations and the total market cap plummeting by a whopping $540 billion. 💸 But Brandt sees two possibilities for Bitcoin: a rally to a new all-time high of $136,000 or a drop into the mid-$70,000s. 🤑
Paging, Mr. Darvas. If a Nicolas Darvas is in the audience, please come to the information desk $BTC 🕵️♂️
— Peter Brandt (@PeterLBrandt) February 3, 2025
When it comes to Ethereum, Brandt is as stubborn as a mule. He’s been right about ETH’s underperformance, and the ETH/BTC chart only confirms it. But here’s the kicker: even this crypto curmudgeon is willing to entertain the idea of a potential ETH relief rally. 🤯
The Catch
Brandt may still not believe in Ethereum as a strong play, but the fact that he’s leaving the door open for a short-term move has everyone on the edge of their seats. 🍿 Traders might want to keep a close eye on this, as a small window of opportunity could be lurking. 👀
Probably right 🤷♂️
— Peter Brandt (@PeterLBrandt) February 3, 2025
So, there you have it, folks! The crypto world is full of surprises, and Peter Brandt is the one who’s keeping us on our toes. 🎢 Who knows what he’ll come up with next? 🤯
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2025-02-04 13:53