Crypto Daily – The bulls are back, but a return to $51,000 first is not off the cards. Legendary trader Peter Brandt recently published a Bitcoin chart on X calling for $150,000 $BTC. That said, $BTC is not out of the woods yet, at least in the shorter term.
Bulls and billionaires
It could be that Bitcoin has already found the bottom, or is close to it for this long 6 month correction. Might $49,000 end up being that bottom? Unless there is another big economic scare, like the Japan carry trade crash, it seems that Bitcoin could well be on its way up again.
Peter Brandt, trader extraordinaire, posted a chart on his X account showing that $BTC is still in a parabolic upswing. The parabola target is $150,000, and he believes that $BTC can reach this potential top in late Summer of 2025.
An X account that always causes polemic discussion is that of famed billionaire entrepreneur Robert Kiyosaki. His post on Monday warned of holding bonds, which are a country’s…
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