Bitcoin is facing challenges as it struggles to break past resistance levels while aiming for recovery. Veteran trader Peter Brandt points to a potential drop to $65,635 due to a breakdown pattern. However, analysts believe the bottom may be between $80,000 and $82,000, suggesting a possible reversal soon. If Bitcoin rebounds, select altcoins like Toncoin, ...
Peter Brandt, an experienced trader, has cast doubt on predictions of Bitcoin soaring above $200,000 by 2030, despite its recent rise to over $97,000. His analysis highlights a significant barrier at $100,000, which Bitcoin has struggled to surpass. Current Market conditions show mixed performance, with a slight daily gain but a decline over the week. ...
Peter Brandt, a veteran trader, is skeptical about Bitcoin’s optimistic predictions following its rise to over $97,000. His technical analysis suggests that Bitcoin may struggle to exceed the $200,000 mark before 2030. While Bitcoin has shown a slight daily gain, it has declined over the week, indicating potential challenges ahead. Brandt points to significant resistance ...
Peter Brandt, a renowned trader and technical analyst, believes Cardano (ADA) has hit its lowest point and is poised for a significant bullish phase. Recently, ADA has maintained its value above one dollar for the first time in nearly two years. Brandt’s analysis identifies a double bottom pattern in Cardano’s weekly chart and highlights key ...
Peter Brandt, a well-known trader and technical analyst, believes that Cardano (ADA) has reached its lowest point and is poised for a significant bullish trend. This comes as the cryptocurrency has maintained a value above $1 for the first time in nearly two years. Brandt’s analysis indicates that ADA has created a strong support level ...
Bitcoin is currently facing challenges as it struggles to break through and maintain the $100,000 support level. Veteran trader Peter Brandt has drawn parallels with a previous pattern from 2018, suggesting a possible similar trajectory for Bitcoin’s future. He refers to this pattern as Hump-Slump-Pump-Dump, which may indicate upcoming price movements. While the Market sentiment ...
Bitcoin (BTC) is currently facing challenges in breaking past $100,000, with its price hovering around $94,224. Trader Peter Brandt has pointed out that Bitcoin’s recent pattern resembles one from 2018, which could hint at its next movement. There’s some optimism as Bitcoin moves from a state of extreme greed towards a more stable Market sentiment, ...
Google recently announced its new quantum chip, Willow, which can solve complex problems in just five minutes, a task that would take classical supercomputers billions of years. This advancement raises important concerns about the security of cryptocurrencies like Bitcoin, as quantum computers could potentially break the cryptographic techniques that protect digital transactions. Renowned trader Peter ...
Google has recently introduced a groundbreaking quantum chip named Willow, which can tackle complex problems in just five minutes, a feat that would take traditional supercomputers billions of years. This innovation raises significant concerns for cryptocurrency security, particularly for Bitcoin, as quantum computers could potentially undermine cryptographic systems vital for securing transactions. Renowned trader Peter ...
