According to a technical analysis provided by trader Peter Brandt, he predicts that bitcoin will experience an upward trend towards $25,000 followed by a temporary decrease to $17,000. He suggests that this could be followed by a correction period before a strong rally that could drive the price of bitcoin to even higher levels, potentially reaching $30,000
In summary, veteran trader Peter Brandt has stated that he believes bitcoin will trade above $100,000 in less than a few years, but also acknowledges that it is difficult to accurately predict future moves for bitcoin or the cryptocurrency market in general due to a lack of fundamentals. The market currently shows an upward momentum, but some assets may be showing signs of fading momentum, indicating a potential correction. While Brandt's statement is technically accurate, there is no clear analytical method to determine the direction of the cryptocurrency market at the moment.
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When ever EOS goes above 1.0710 Level It becomes less volatile. As it falls below 1.0700 it crashes upto 1.0500 (if btc is above 20,600). As of now it may reach 1.0900 in bull run but it won't cross 1.100. it's better to take profit after or near 1.090. #crypto2023 #detectivezig
The Binance Coin (BNB) has surpassed the $300 barrier over the weekend, reaching a high of $314 on Saturday. This marks a significant milestone for the coin, especially after experiencing turbulence following the FTX incident. While the coin has since dropped to $295 a
The Binance Coin (BNB) has surpassed the $300 barrier over the weekend, reaching a high of $314 on Saturday. This marks a significant milestone for the coin, especially after experiencing turbulence following the FTX incident. While the coin has since dropped to $295 at the time of this writing, industry experts have voiced their belief that Binance Coin has the potential to climb beyond $330 in the coming days. By Detective ZiG