Peter Brandt: Bitcoin may have peaked, possibly falling back to 30,000 US dollars
Bitget2024/04/29 05:57
In a recent blog post, renowned trader Peter Brandt suggested that Bitcoin may have peaked when it hit a new historical high of $73,835 and predicted that Bitcoin could fall back to $30,000 or even the low point of 2021. Peter attributed this expected pullback to a phenomenon known as exponential decay, which he believes will affect Bitcoin. However, Brandt stated that such a decline might be the most beneficial thing in the long run.
0
0
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
PoolX: Earn new token airdrops
Lock your assets and earn 10%+ APR
Lock now!
You may also like
Trending news
MoreCrypto prices
MoreBitcoin
BTC
$92,246.35
+0.37%
Ethereum
ETH
$3,094.83
+2.05%
Tether USDt
USDT
$0.9996
+0.07%
XRP
XRP
$2.2
+2.57%
BNB
BNB
$930.38
+1.96%
Solana
SOL
$140.97
+7.49%
USDC
USDC
$0.9998
+0.02%
TRON
TRX
$0.2893
-0.80%
Dogecoin
DOGE
$0.1606
+5.45%
Cardano
ADA
$0.4719
+1.48%
How to buy BTC
Bitget lists BTC – Buy or sell BTC quickly on Bitget!
Trade now
Become a trader now?A welcome pack worth 6200 USDT for new users!
Sign up now