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Brandt also shares that during his lengthy trading career, he has traded various futures contracts “covering everything from Corn to Gold, treasuries to Copper, Sugar to Palm Oil, Lumber to Cattle, stock indexes to shelled eggs, Iron Ore to Idaho Potatoes.” Over the past few years, he added Bitcoin to the assets he trades, as well as some other cryptos, like Ethereum. However, the trader often criticizes altcoins and BTC is the only crypto he believes in as an asset., Brandt emphasized the uniqueness of the Bitcoin market. As for altcoins and meme coins, he described them as “proliferations” that “owe their existence to Bitcoin.”
There are several things that make BTC unique, per Brandt. The first one is its non-hackable nature, as well as “limited quantity, globally accepted, trackable, almost instantly transactional.” Bitcoin’s price behavior is another important factor here, the trader says. Overall, he believes that BTC is “an attempted hostile takeover of the world’s currency system.”Brandt also enumerated major Bitcoin price advances since its inception.
The Bitcoin chart shared by Brandt in his X post shows that Bitcoin has been rising irreversibly since the very beginning and event major corrections did not break the ascending BTC line. The current ascending period, per the chart, started in late 2022 and continues now. The price goal here isYuri is interested in technology and technical innovations. He has been writing about DLT and crypto since 2017.
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