Experienced Trader and Analyst Sees 50 Percent Chance of Bitcoin (BTC) Zeroing

Veteran trader and analyst Peter Brandt sees the probability of Bitcoin (BTC) being “zero” as 50%.

Analyst Brandt said on Twitter. in sharingBitcoin price as he stated in 2018 If it’s $100,000 or $250,000 even the possibility of a “reset” still exists. that 50% made statements about

Brandt, who frequently makes statements about the Bitcoin price, previously stated that the Bitcoin price $35,000 at the levels your $29,000 He said he might fall. Brandt, who was wrong as much as he knew in his statements, “none” target, many investors was highly criticized.

Market analysts say that even if there is a decrease in price in general, cryptocurrencies, which are still a new technology, will be in the future. He thinks it will be much more valuable. For this reason, Bitcoin, the “biggest” of cryptocurrencies, probability of reset increasingly low believed to be.

since the beginning of the year more than 60% Bitcoin, which is falling, according to CoinGecko data at the time of writing from $19,200 is being traded.


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