Bitcoin: ‘Blow-off or Lift-off’, speculates old school trader Peter Brandt

2019-5-12 17:00

Bitcoin’s surge has caught everyone’s eye as the rally has not stopped and is reaching new heights every day. Peter Brandt, an old-school trader, posted a tweet speculating whether the rally was an actual “lift-off” or just a “blow-off”.

Peter Brandt tweeted:

Source: Twitter | Peter Brandt

In a recent interview with Ran NueNer, Brandt said:

“The highs formed by Bitcoin in 2013 was a parabolic move on a large scale. A parabolic move on a large scale is a magnificent thing and it may happen only once in a decade.”

Brandt explained that after this parabolic advance of 2013, the market went into a correction phase between 2013 and 2015, which was followed by another parabolic move which peaked in December 2017. Two parabolic moves in the same market were “unheard of”, he added. The prices of Bitcoin may even reach the $50,000-mark after another parabolic move, he claimed.

Brandt did predict that another parabolic move in Bitcoin would be magnificent and the current rally, which has just begun, seems magnificent enough, as it has left everybody dumbstruck, especially the short sellers.

Mr. Anderson, a well-known trader shared a similar “parabolic” idea for Bitcoin’s recent surge:

“$BTC Are we Parabolic? A Parabolic Blow-off top has been my primary view for some time now. Parabolic curves are tricky. So, be careful because she will have a deep retrace. $BTC has already done a marvelous job, but, the higher the stretch, the better for Bulls”

Source: Twitter | TrueCrypto28

He also added:

“$BTC Parabolic Comparable. This is likely the best example for comparison. Remember, these are tricky b/c the locations for bases are more apparent in hindsight. Moreover, we have already leaped $3900 & $3600 on this leg alone. Tread carefully w/ a plan that protects your $ first”

Source: Twitter | TrueCrypto28

A Twitter user @cryptoWhale10, commented:

“I highly doubt we will see the December lows again Peter…meaning we when parabolic from your former tweet ..”

The post Bitcoin: ‘Blow-off or Lift-off’, speculates old school trader Peter Brandt appeared first on AMBCrypto.

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brandt peter bitcoin trader blow-off lift-off rally

Источник: ambcrypto.com

brandt peter → Результатов: 42


Peter Brandt: Bitcoin has Hit a Clear Bottom and Will Repeat 2013 Parabolic Move

Seasoned trader Peter Brandt has reaffirmed the dominant sentiment in the cryptocurrency industry about Bitcoin – it’s on its way to a new ATH! Brandt while speaking with Ran Neuner on CNBC’s Crypto Trader said he is confident that Bitcoin has hit a “very very clear bottom” and will soon experience the kind of parabolic […] The post Peter Brandt: Bitcoin has Hit a Clear Bottom and Will Repeat 2013 Parabolic Move appeared first on ZyCrypto.

2019-5-10 22:43


Bitcoin [BTC]: Coin’s rally has begun, claims Peter Brandt on the basis of past data, technical indicator

Peter Brandt, an old school trader and author of “Diary of a Professional Commodity Trader,” posted a tweet suggesting that Bitcoin’s rally might have begun. Brandt tweeted, “The last time Factor’s benchmark weekly MA was in the current profile of turning from down to up was in Nov 2015 just as $BTC began its move […] The post Bitcoin [BTC]: Coin’s rally has begun, claims Peter Brandt on the basis of past data, technical indicator appeared first on AMBCrypto.

2019-5-4 22:30


Крипто-гуру предсказал цену биткойна $50,000

Популярный крипто-трейдер Питер Брандт (Peter Brandt) обнародовал свой бычий прогноз в размере 50,000 долларов США для цены биткойна, которая в настоящее время находится на уровне 5,000 долларов. Он призывает инвесторов проявить терпение.

2019-4-7 11:46


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