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Veteran Trader Peter Brandt Issues Warning, Suggesting Bitcoin Price May Drop To Close The Gap At $2The world of cryptocurrency has been buzzing with activity as Bitcoin recently hit a new all-time high of $28,000 in March. However, veteran trader Peter Brandt has recently shared his views on the direction of Bitcoin’s price, cautioning that the digital asset may experience another downturn in the near future. Brandt, who has over four decades of experience in trading, pointed out that the Bitcoin CME chart shows two large gaps, which could indicate a bearish trend. He believes that Bitcoin’s price may need to fall in order to close the gaps before it can rise again. Despite his warning, Brandt has not confirmed that Bitcoin’s direction is bearish. In fact, he added that not every gap on the graph is always filled, and for now, Bitcoin is still looking promising. The digital asset has continued to bounce back to the same range, giving traders hope. Brandt’s comments have generated a lot of discussion among cryptocurrency enthusiasts, many of whom are wondering whether Bitcoin will continue to rise or experience a downturn. At the time of writing, Bitcoin’s price has already soared to $28,100, which has left some wondering whether the digital asset will surpass $30,000. Regardless of what happens in the future, it’s clear that Bitcoin remains a hot topic in the world of finance. Its recent surge in price has attracted a lot of attention, and traders and investors alike are eager to see how the digital asset will perform in the coming months. With experts like Peter Brandt keeping a close eye on the market, it will be interesting to see how Bitcoin’s price evolves in the near future. #Peterbrandt #BTCUpdate #BTC #Bitcoin #azcoinnews This article was republished from azcoinnews.com

Veteran Trader Peter Brandt Issues Warning, Suggesting Bitcoin Price May Drop To Close The Gap At $2

The world of cryptocurrency has been buzzing with activity as Bitcoin recently hit a new all-time high of $28,000 in March. However, veteran trader Peter Brandt has recently shared his views on the direction of Bitcoin’s price, cautioning that the digital asset may experience another downturn in the near future.

Brandt, who has over four decades of experience in trading, pointed out that the Bitcoin CME chart shows two large gaps, which could indicate a bearish trend. He believes that Bitcoin’s price may need to fall in order to close the gaps before it can rise again.

Despite his warning, Brandt has not confirmed that Bitcoin’s direction is bearish. In fact, he added that not every gap on the graph is always filled, and for now, Bitcoin is still looking promising. The digital asset has continued to bounce back to the same range, giving traders hope.

Brandt’s comments have generated a lot of discussion among cryptocurrency enthusiasts, many of whom are wondering whether Bitcoin will continue to rise or experience a downturn. At the time of writing, Bitcoin’s price has already soared to $28,100, which has left some wondering whether the digital asset will surpass $30,000.

Regardless of what happens in the future, it’s clear that Bitcoin remains a hot topic in the world of finance. Its recent surge in price has attracted a lot of attention, and traders and investors alike are eager to see how the digital asset will perform in the coming months. With experts like Peter Brandt keeping a close eye on the market, it will be interesting to see how Bitcoin’s price evolves in the near future.

#Peterbrandt #BTCUpdate #BTC #Bitcoin #azcoinnews

This article was republished from azcoinnews.com

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#TrendingTopic 💰 Peter Brandt on Bitcoin #bullmarket : My Bet Is This Is a 'Starting' Candle Veteran trader #Peterbrandt , known for his technical analysis expertise, has reignited optimism in the bitcoin market with his bullish outlook. Following his recent headline-making adjustment of the bitcoin price target for “the current bull market cycle” from $120,000 to $200,000, Brandt has now shared another chart that indicates the start of a #Bitcoin‬ bull market. Source #BTC @wisegbevecryptonews9
#TrendingTopic
💰 Peter Brandt on Bitcoin #bullmarket : My Bet Is This Is a 'Starting' Candle

Veteran trader #Peterbrandt , known for his technical analysis expertise, has reignited optimism in the bitcoin market with his bullish outlook. Following his recent headline-making adjustment of the bitcoin price target for “the current bull market cycle” from $120,000 to $200,000, Brandt has now shared another chart that indicates the start of a #Bitcoin‬ bull market.

Source
#BTC
@WISE CRYPTO NEWS
😱🔥Experienced analyst Peter Brandt gave time to BTC: There are 525 days for #Bitcoin to peak While the cryptocurrency markets are waiting for Wednesday's Fed meeting and the Decrees of the institution's chairman Jerome Powell, the famous analyst #Peterbrandt set a target between 160 thousand and 200 thousand dollars for Bitcoin and gave a deadline for this level. US analyst Peter Brandt stated that he expects the current bull season to continue until the end of 2025. commenting on the market from the X account with 720 thousand followers, Brandt said that he thinks Bitcoin will exceed the price of 160 thousand dollars. “there is a period of 525 days...” Stating that it has taken 525 days for Bitcoin to surpass the $ 50 thousand level from the $ 15 thousand bottom in November of 2022, the famous analyst said:: “I'm more confident in the analysis I wrote in February. I think the bull market will continue until the end of 2025. Bitcoin has exceeded $ 50 thousand after 525 days from the $ 15 thousand bottom. I predict that it will take so many days again for him to go to the 160 thousand dollar summit.” September February Brandt analysis indicated that Bitcoin could go to about 200 thousand dollars in September of 2025. “i have been holding Bitcoin for 8 years” Stating that we have left the early stages of the bull season behind, regardless of the price, Brandt said, “For me, the reward halving was also half of the way. However, it is always necessary to do risk management well. I have been holding Bitcoin in my hand for 8 years,” he said. #BTC #BullorBear #binance
😱🔥Experienced analyst Peter Brandt gave time to BTC: There are 525 days for #Bitcoin to peak

While the cryptocurrency markets are waiting for Wednesday's Fed meeting and the Decrees of the institution's chairman Jerome Powell, the famous analyst #Peterbrandt set a target between 160 thousand and 200 thousand dollars for Bitcoin and gave a deadline for this level.
US analyst Peter Brandt stated that he expects the current bull season to continue until the end of 2025. commenting on the market from the X account with 720 thousand followers, Brandt said that he thinks Bitcoin will exceed the price of 160 thousand dollars.

“there is a period of 525 days...”
Stating that it has taken 525 days for Bitcoin to surpass the $ 50 thousand level from the $ 15 thousand bottom in November of 2022, the famous analyst said::

“I'm more confident in the analysis I wrote in February. I think the bull market will continue until the end of 2025. Bitcoin has exceeded $ 50 thousand after 525 days from the $ 15 thousand bottom. I predict that it will take so many days again for him to go to the 160 thousand dollar summit.”
September February Brandt analysis indicated that Bitcoin could go to about 200 thousand dollars in September of 2025.

“i have been holding Bitcoin for 8 years”
Stating that we have left the early stages of the bull season behind, regardless of the price, Brandt said, “For me, the reward halving was also half of the way. However, it is always necessary to do risk management well. I have been holding Bitcoin in my hand for 8 years,” he said.
#BTC #BullorBear #binance
The creator of this chart is NEVER wrong At least that is what he/she (genetically-defined) will claim after the fact Charts like this give me a headache #Peterbrandt #BTC #binannce
The creator of this chart is NEVER wrong

At least that is what he/she (genetically-defined) will claim after the fact

Charts like this give me a headache
#Peterbrandt #BTC #binannce
😱🔥Bitcoin Price Prediction: Trading Legend Peter Brandt Bets Big with a Target of $125,000 The world of digital money is heating up, and that's why. Veteran trader #Peterbrandt has ignited controversy with his optimistic outlook on Bitcoin, backed by his fifty years of expertise. Brandt boldly declared Bitcoin to be the "trade of a lifetime," eclipsing other cryptocurrencies, including altcoins and meme tokens. We Are Celebrating A Big Milestone Brandt recently placed 53rd in the futures market. to celebrate the year, he switched to the X platform and emphasized his belief in the unique potential of #Bitcoin . Brandt's Trade Portfolio Brandt also shared that he trades various futures contracts from Corn to Gold, treasury bonds to Copper, Sugar to Palm Oil, Lumber to Cattle, stock indices to eggshell and Iron Ore to Idaho Potato. In the last few years, it has also added Bitcoin and Ethereum. However, he is often critical of altcoins and believes that BTC is the only crypto asset. Bitcoin: A Sunday of Its Own Sunday October In an accompanying blog post, Brandt highlighted the uniqueness of the Bitcoin market. He also stated that altcoins and meme-coins owe their existence to Bitcoin. According to Brandt, what makes BTC unique is its non-hackable nature, limited quantity, global acceptance, traceability and almost instantaneous transaction. He also highlighted the price behavior of Bitcoin, stating that BTC is an attempt to take over the world's currency system in a hostile way. Brandt, who supports his claims with convincing data, shares a graph showing the steady rise of Bitcoin since its inception in relation to X. Even major corrections, especially those exceeding 50% or 75%, could not derail the rise. With Brandt setting a target price of $125,000, citing Bitcoin's unrivaled parabolic rise, the current upward trend, which began in late 2022, shows no signs of slowing down. #BTC #binance
😱🔥Bitcoin Price Prediction: Trading Legend Peter Brandt Bets Big with a Target of $125,000

The world of digital money is heating up, and that's why.

Veteran trader #Peterbrandt has ignited controversy with his optimistic outlook on Bitcoin, backed by his fifty years of expertise. Brandt boldly declared Bitcoin to be the "trade of a lifetime," eclipsing other cryptocurrencies, including altcoins and meme tokens.

We Are Celebrating A Big Milestone
Brandt recently placed 53rd in the futures market. to celebrate the year, he switched to the X platform and emphasized his belief in the unique potential of #Bitcoin .

Brandt's Trade Portfolio
Brandt also shared that he trades various futures contracts from Corn to Gold, treasury bonds to Copper, Sugar to Palm Oil, Lumber to Cattle, stock indices to eggshell and Iron Ore to Idaho Potato. In the last few years, it has also added Bitcoin and Ethereum. However, he is often critical of altcoins and believes that BTC is the only crypto asset.

Bitcoin: A Sunday of Its Own
Sunday October In an accompanying blog post, Brandt highlighted the uniqueness of the Bitcoin market. He also stated that altcoins and meme-coins owe their existence to Bitcoin. According to Brandt, what makes BTC unique is its non-hackable nature, limited quantity, global acceptance, traceability and almost instantaneous transaction. He also highlighted the price behavior of Bitcoin, stating that BTC is an attempt to take over the world's currency system in a hostile way.

Brandt, who supports his claims with convincing data, shares a graph showing the steady rise of Bitcoin since its inception in relation to X. Even major corrections, especially those exceeding 50% or 75%, could not derail the rise. With Brandt setting a target price of $125,000, citing Bitcoin's unrivaled parabolic rise, the current upward trend, which began in late 2022, shows no signs of slowing down.
#BTC #binance
🔥💥Will the decline in Bitcoin continue? "A healthy correction," says analyst Analyst Peter Brandt, regarding the recent declines in Bitcoin, said, "This is a healthy correction. Bitcoin is in a big bullish trend." he commented. While #Bitcoin retreated to the level of $ 62,400 today, investors are also wondering whether the declines will continue. According to veteran analyst Peter Brandt, Bitcoin is experiencing a healthy correction. Brandt stated that Bitcoin could retreat up to 58 thousand dollars in the short term, but in the long term it is in a big bullish trend. Brandt had previously written that he thought Bitcoin could go up to 200 thousand dollars. September August / September 2025, the analyst also gave time for this and noted that this level could be seen in August / September 2025. The decline in Bitcoin is thought to be influenced by the upcoming interest rate decisions of central banks, especially the Fed. It is observed that investors choose to avoid risk against short-term macro uncertainty. This brings selling pressure on risky assets such as Bitcoin and stocks. On the other hand, outflows in Bitcoin ETFs have also increased selling pressure. There was an outflow of $642 million from Grayscale's ETF yesterday. This amount marked the largest daily outflow ever for the Grayscale ETF. #Peterbrandt #binance #BTC
🔥💥Will the decline in Bitcoin continue? "A healthy correction," says analyst

Analyst Peter Brandt, regarding the recent declines in Bitcoin, said, "This is a healthy correction. Bitcoin is in a big bullish trend." he commented.
While #Bitcoin retreated to the level of $ 62,400 today, investors are also wondering whether the declines will continue.

According to veteran analyst Peter Brandt, Bitcoin is experiencing a healthy correction. Brandt stated that Bitcoin could retreat up to 58 thousand dollars in the short term, but in the long term it is in a big bullish trend.

Brandt had previously written that he thought Bitcoin could go up to 200 thousand dollars. September August / September 2025, the analyst also gave time for this and noted that this level could be seen in August / September 2025.

The decline in Bitcoin is thought to be influenced by the upcoming interest rate decisions of central banks, especially the Fed. It is observed that investors choose to avoid risk against short-term macro uncertainty. This brings selling pressure on risky assets such as Bitcoin and stocks. On the other hand, outflows in Bitcoin ETFs have also increased selling pressure. There was an outflow of $642 million from Grayscale's ETF yesterday. This amount marked the largest daily outflow ever for the Grayscale ETF.
#Peterbrandt #binance #BTC
🔔 ETH The odds of #ETHETFS being approved before May 31 have almost doubled (according to bets on the Polymarket platform). It's likely someone has some insider knowledge, as it wasn't that long ago that many expected #ETFs not to be approved. Although it's the approval that will allow ETH to grow by leaps and bounds in the next six months. ➡️ Meanwhile, #Peterbrandt said he opened a futures short on $ETH from $3058, expecting to break that support at $3000. At the same time, he isn't selling on the spot because he thinks there's too much counterparty risk... #ETFvsBTC #BTC
🔔 ETH

The odds of #ETHETFS being approved before May 31 have almost doubled (according to bets on the Polymarket platform).

It's likely someone has some insider knowledge, as it wasn't that long ago that many expected #ETFs not to be approved. Although it's the approval that will allow ETH to grow by leaps and bounds in the next six months.

➡️ Meanwhile, #Peterbrandt said he opened a futures short on $ETH from $3058, expecting to break that support at $3000.

At the same time, he isn't selling on the spot because he thinks there's too much counterparty risk...
#ETFvsBTC #BTC
Peter Brandt's Latest Predictions for Bitcoin and Ethereum. %88 🤑 Renowned trader and analyst, Peter Brandt, has once again caught the attention of the crypto community with his insights into Bitcoin's potential price movements. In a recent article dated November 9, 2023, Brandt highlighted an important bullish formation in Bitcoin's chart known as a flag formation. He emphasized that this formation has been successfully broken, suggesting a potential upward movement. Brandt pointed out that confirmation is needed for the continuation of the upward trend, and based on the inner measurements of the flag, he suggested a potential target of $43,289 for Bitcoin. Additionally, he outlined $35,135 as a lower target and $41,341 as an upper target, drawing an analogy with the head and shoulders formation. Brandt's analysis aligns with his previous predictions that Bitcoin could see a rise from $30,000 to $35,000, indicating a similar possibility of a significant price increase. Brandt also mentioned an analysis of Ethereum's chart, stating that a flag formation has been confirmed, raising expectations for a potential upward movement. As per CoinGecko data, Bitcoin has experienced a 0.7% increase in the last 24 hours, currently trading at $37,160. Brandt's technique for targeting involves measuring the flagpole height and projecting the same measurement from the last small reaction low within the flag to estimate potential price targets. Despite his long-term outlook, Brandt continues to focus on the potential for instant price increases highlighted by confirmed chart formations. He emphasized that flag formations are crucial indicators for potential price movements, closely monitored by crypto investors. It's important to note that in a previous prediction, Brandt stated that new all-time highs (ATHs) for Bitcoin wouldn't be achieved until the third quarter of 2024. #Peterbrandt #BTC #ETH #CoinGecko
Peter Brandt's Latest Predictions for Bitcoin and Ethereum. %88 🤑

Renowned trader and analyst, Peter Brandt, has once again caught the attention of the crypto community with his insights into Bitcoin's potential price movements.

In a recent article dated November 9, 2023, Brandt highlighted an important bullish formation in Bitcoin's chart known as a flag formation. He emphasized that this formation has been successfully broken, suggesting a potential upward movement.

Brandt pointed out that confirmation is needed for the continuation of the upward trend, and based on the inner measurements of the flag, he suggested a potential target of $43,289 for Bitcoin. Additionally, he outlined $35,135 as a lower target and $41,341 as an upper target, drawing an analogy with the head and shoulders formation.

Brandt's analysis aligns with his previous predictions that Bitcoin could see a rise from $30,000 to $35,000, indicating a similar possibility of a significant price increase.

Brandt also mentioned an analysis of Ethereum's chart, stating that a flag formation has been confirmed, raising expectations for a potential upward movement.

As per CoinGecko data, Bitcoin has experienced a 0.7% increase in the last 24 hours, currently trading at $37,160.

Brandt's technique for targeting involves measuring the flagpole height and projecting the same measurement from the last small reaction low within the flag to estimate potential price targets.

Despite his long-term outlook, Brandt continues to focus on the potential for instant price increases highlighted by confirmed chart formations. He emphasized that flag formations are crucial indicators for potential price movements, closely monitored by crypto investors.

It's important to note that in a previous prediction, Brandt stated that new all-time highs (ATHs) for Bitcoin wouldn't be achieved until the third quarter of 2024.

#Peterbrandt #BTC #ETH #CoinGecko
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