Renowned analyst and trader Peter Brandt has predicted the collapse of Bitcoin, altcoins, and meme tokens. 🫣🫣🫣
📢 "I say this from the height of my 50 years of experience observing the markets. Some people will do the right thing, but there will be many fools who will over-leverage, miss the peak, and go broke as a result of the upcoming 50% correction in Bitcoin, a 90% drop in altcoins, and a 100% drop in memecoins," Brandt wrote.
Instead of being greedy and dreaming of mountains of gold, Peter advises getting rid of cryptocurrencies in time, thus locking in profits. Otherwise, the inevitable, as the analyst believes, collapse of the coin rate will cause big losses.
The owners of meme tokens, whose value is characterized by a gigantic level of volatility, may lose the most.
