Bitcoin Crash Over? Veteran Trader Predicts Rebound To $90,000
📈
The article discusses veteran trader Peter Brandt's prediction of a significant rebound for Bitcoin to $90,000. This forecast comes after Bitcoin's recent dramatic downturn below $50,000. In an X (formerly Twitter) post, Brandt shares his bullish outlook for Bitcoin within the current bull cycle, expecting it to reach $90,000 by the end of 2024.
Brandt emphasizes the importance of focusing on possibilities rather than probabilities or certainties to maintain flexibility to various market outcomes. He dismisses the notion of a Bitcoin bull flag, highlighting that such patterns should not last longer than two months according to technical analysis authorities.
The article then notes Bitcoin's recovery after a sharp 23% decline, where it fell to around $52,000. However, Bitcoin regained positive momentum, recording a price increase of 11.77% within 24 hours. As of now, Bitcoin is trading at $55,903, showing signs of breaking out of its previous bearish trend.
The piece concludes with data from CoinMarketCap showing a 30.65% surge in Bitcoin's daily trading volume, indicating renewed investor interest and steady recapture of previous price highs around $60,000.
Source: www.newsbtc.com ↗
Окшош макалалар (43)
Bullish Bitcoin (BTC), but caution for short term
Will Bitcoin Surge to $150K? Peter Brandt Charts Bullish Path for BTC Price
Can Bitcoin See a Major Rally?
Peter Brandt Predicts Bitcoin Surge
Peter Brandt Referred to 2016 and Announced the Data He Considered as a Bullish Signal for Bitcoin!
Peter Brandt: Bitcoin’s decline mirrors 2016 – What does it mean for BTC prices?
Bitcoin: No Breakout, No Trade, Says Peter Brandt
Has Bitcoin Already Peaked?
Will BTC Hit $62,500? Peter Brandt’s Bitcoin Price Prediction
Peter Brandt Warns Over Another Crypto Crash, What’s Next?
Why Legendary Analyst Says Bitcoin’s Consolidation Phase Is Far From Over
Why Bitcoin’s new ATH ‘is not in the cards,’ per Peter Brandt
Peter Brandt Forecasts Bitcoin Surge
50-Year Analyst Peter Brandt Reveals His Bitcoin Prediction and Position!
Peter Brandt Predicts BTC Price Dip To $46K; Why Is Bitcoin Falling Today?
Veteran Trader Peter Brandt Predicts Bull Market High For Bitcoin, Here’s The Target
50-Year Analyst Peter Brandt Says He Expects Further Drop in Bitcoin, Reveals His Price Prediction!
Veteran Trader Peter Brandt Turns Bearish On Bitcoin, Here’s Why
BTC Price: Peter Brandt Reveals Massive Bullish Pattern, Peter Schiff Teases Michael Saylor
Bitcoin Outperforms Gold in Value Potential
Bitcoin Surges as Gold Ratio Shifts
Peter Brandt Predicts Bitcoin Could Reach $90,000 After Recent Correction
Peter Brandt Identifies Potential Trading Opportunity for Bitcoin Based on Gold Ratio
Peter Brandt Highlights Bitcoin’s Potential for a Significant Rally
Peter Brandt Predicts Bitcoin’s Potential Upsurge
Peter Brandt Shares Key Insights on Bitcoin’s Future Price Movements
Bitcoin Surpasses Gold in Potential Value
Peter Brandt Predicts Bitcoin to Reach New Record Highs
Peter Brandt Warns Bitcoin Bulls: Three Alarming Trends Indicating a Potential Downturn
Peter Brandt Confirms Bitcoin’s Cycle Peak with Key Indicator
Peter Brandt’s Analysis Reveals Potential Bitcoin (BTC) Price Reversal Using Key Chart
Peter Brandt Forecasts Bitcoin (BTC) Price Decline to $46,000 Amid Market Uncertainty
Peter Brandt Predicts Bitcoin (BTC) Price Drop to $40K Amid Recession Fears
Peter Brandt Predicts 50% Chance of Bitcoin (BTC) Dropping Below $40,000 in This Cycle
Peter Brandt Sparks Hope in Bitcoin Community with Parabolic Price Prediction for 2025
Peter Brandt Highlights Unprecedented Bitcoin Market Cycle: Will $BTC Break its Record for Longest Time Without a New ATH?
Peter Brandt Predicts Bitcoin Could Reach $90K Following Market Correction
Peter Brandt Reveals Key Bitcoin Price Prediction Amidst $100 Million Liquidations
Peter Brandt: Housing Prices Could Plummet When Measured in Bitcoin (BTC) Compared to Gold
Legendary Trader Peter Brandt Predicts Bitcoin (BTC) Could Skyrocket to $90K Despite Recent Correction
Bitcoin (BTC) Price Falls 12%: Legendary Trader Peter Brandt Predicts Potential Surge to $90K
Veteran Trader Peter Brandt Predicts Massive Bitcoin (BTC) Breakout Post $49,000 Decline
Peter Brandt’s Bearish Prediction for Bitcoin: Is a Major Correction Next?
