Skip to content
Breaking News
  • EU Rejects Idea of Banning Bitcoin & Ethereum
  • Scarcity: Only 2.5 Million Bitcoin Left to Mine (Just 11.9% of the Total Supply)
  • Fund Management CEO Predicts $100k BTC
  • Highly Bullish: Top 10,000 Addresses Hold 94% of the Available ETH
  • 3 Reasons Why Ether (ETH) Looks Bullish
Crypto Snippets

Bite-size crypto news

  • Blockchain
  • Crypto Market
Crypto Snippets

Bite-size crypto news

  • Blockchain
  • Crypto Market
Crypto Snippets

Bite-size crypto news

Peter Brandt: Bitcoin Fundamentals Hint At $100k

Peter Brandt: Bitcoin Fundamentals Hint At $100k

  • CS Team
  • May 6, 2020
  • 0

An important financial trader, Peter Brandt, said that Bitcoin fundamentals are suggesting that the coin is poised to rally up to $100,000.

“The Bitcoin narrative makes sense to me. It makes me want to say Bitcoin is going to the moon – $50,000 Bitcoin, $100,000 Bitcoin. But boy, is there a big caveat to that,” Brandt said.

He continued: “The caveat to me is that Bitcoin right now has every reason in the world to go up. Its monetary supply. [The current] global uncertainty. It’s a strong gold market. It’s a weak stock market. My goodness, if Bitcoin can’t go up with what we have as a backdrop now, part of me as a technician wants to look for the shadows in the dark alleyway.” (Source)

Source: CryptoGazette.com / Reference: YouTube.com

Post navigation

Previous Article
Next Article

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Get new posts by email:
#NamePriceMarket CapChangePrice Graph (24h)

Recent Posts

  • EU Rejects Idea of Banning Bitcoin & Ethereum
  • Scarcity: Only 2.5 Million Bitcoin Left to Mine (Just 11.9% of the Total Supply)
  • Fund Management CEO Predicts $100k BTC
  • Highly Bullish: Top 10,000 Addresses Hold 94% of the Available ETH
  • 3 Reasons Why Ether (ETH) Looks Bullish

Categories

  • Bitcoin
  • Blockchain
  • Crypto Market
  • Crypto Mining
  • Ethereum
  • Mining
  • News
  • Predictions
  • Ripple
Market Data by TradingView
Powered by WordPress.