Peter Brandt foresees Bitcoin’s rocky road to new highs
Veteran trader Peter Brandt believes that although Bitcoin has hit its floor, market participants should prepare for a rocky ascent to a new record high. On Oct. 26, Brandt shared with his 660,000 followers on X, formerly Twitter, that Bitcoin (BTC) likely bottomed out in November 2022 and is poised to hit new highs by the third quarter of 2024. While optimistic, he also noted caution in his statement, emphasizing that the future remains unpredictable and that markets are perpetually capable of surprises. Anyone who declares they know the future path of any market is a fool. Markets will ALWAYS surprise. Yet, with this disclaimer, I believe: 1. The $BTC bottom is in 2. New ATHs not coming until Q3 2024 3. Chop fest in the meanwhile I've used this blueprint for approx 2 years pic.twitter.com/hVt0zbTOsm — Peter Brandt (@PeterLBrandt) October 25, 2023 When questioned by an X user about his views on Chainlink’s LINK token, Brandt was unequivocal, stating he focuses ...