Bitcoin (BTC) Remains in Bear Market, According to Trading Legend Peter Brandt

2020-2-28 20:38

Commodity trading guru Peter Brandt suggests that Bitcoin is still in a bear market in spite of its recent rally

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Market Pundit Posits Speculative Trading As a Key Factor in Bitcoin and Altcoins Bull Rally

Insane speculative trading has been the driving factor in the crypto assets valuation growth, this is according to the chief investment officer at Bleakley Advisory Group, Peter Boockvar. According to him, pure speculative trading has been the driving force in most high-end stocks, even as the market indicates a ‘late-cycle’, and has also been the […]

2020-2-24 01:05


Bitcoin’s Multi-Month Bear Trend May Soon Change

One of the most prominent technical analysts in the crypto community believes that Bitcoin has yet to meet one last condition before it enters the next bull market.  The Path to a New Bull Run Peter Brandt, a 45-year trading veteran, recently expressed his views on the different factors that could lead Bitcoin to begin […] The post Bitcoin’s Multi-Month Bear Trend May Soon Change appeared first on Crypto Briefing.

2020-1-9 16:07


Bitcoin’s price may continue its parabolic advance, says renowned trader

Peter Brandt, a 40-years trading veteran, is back on the bullish side claiming that Bitcoin likely resumed its fourth “parabolic advance. ” Parabolic Phases The author of “The Diary of a Professional Commodities Trader,” explained earlier this year that Bitcoin’s market valuation can be divided into three parabolic phases, based on 1-week charts.

2019-9-3 21:18


Veteran Trader: Bitcoin may have Entered its Fourth Parabolic Phase, BTC Price Breakout Imminent?

Currently, Bitcoin is trading around $9,500 While one analyst says there is still more resistance, another one says we never had 3 red candles in a row in bull market ”Possibility that BTC has entered fourth parabolic phase,” Peter Brandt Bitcoin has turned green yet again but barely. After tumbling to $9,300 level this week, […]

2019-9-1 19:56


Bitcoin proves to be outperforming assets that have been around for more than 100 years

Peter Brandt, an old school trader, detailed his reasons behind trading Bitcoin and explained how the Bitcoin market is the best the world has ever seen. There have been more than a few prominent people in and outside the cryptospace who have been following Bitcoin and its performance, which is clearly far better than any […] The post Bitcoin proves to be outperforming assets that have been around for more than 100 years appeared first on AMBCrypto.

2019-6-20 10:00