Peter Brandt Says Bitcoin Has Not Hit ATH in 3 Years on This Condition

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Legendary trader Peter Brandt's Bitcoin ATH metric is different, here's how

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Riding on this, the legendary trader said he and the best traders he has met in over 50 years of trading would like to know what Bitcoin bears think about the enormous potential that the cryptocurrency wields. The best traders I have known in my half century of trading futures market are sincerely interested in what the people on the other side of their bets think, whether technically or from a global macro viewpoint.on the market, Peter Brandt has always been forthright about his confidence in Bitcoin as an asset class. This stance, however, notably

Besides Brandt, many other market investors and analysts have issued a very high price target for Bitcoin. This is in hopes that spot Bitcoin ETF will trigger more demand in the future, a trend that the reduced supply from the halving will complement.Godfrey Benjamin Godfrey Benjamin is an experienced crypto journalist whose main goal is to educate everyone around him about the prospects of Web 3.0. His love for crypto was birthed when, as a former banker, he discovered the obvious advantages of decentralized money over traditional payments. With his vast experience covering various aspects of Web3, Godfrey's articles has been featured on Blockchain.news, Cryptonews and Coingape, among others.

 

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