Odaily Planet Daily reports that BTC has shown a strong rebound after recently breaking the $91,000 mark, currently slightly retreating to around $96,000. During this process, veteran trader Peter Brandt reiterated his bullish stance on BTC, stating that it may continue to rise in the future. Additionally, other on-chain indicators also suggest a positive momentum for BTC in the future. In a recent analysis, Brandt mentioned that BTC could reach $108,358 in the coming days. However, he also cited technical charts warning that the BTC price could pull back to $76,614 in an upward trend, adding that 'this is not a prediction,' highlighting the risks present in the market. He stated that these analyses reflect 'possibilities, not probabilities, and not certainties.' Furthermore, his recently set BTC price target is $125,000. (CoinGape)
See original
Trader Peter Brandt: BTC may continue to rise, recent price target is $125,000
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content. See T&Cs.
BTC
95,769.76
-1.86%
Replies 0