Peter Brandt Believes "Bitcoin's Revaluation Isn't Over"

in LeoFinance3 years ago

Peter Brandt, well known for his accurate historical bearish predictions for Bitcoin, recently remarked that: “Bitcoin's correction may not be over,” as he does not see a bottom formed by selling in large volumes.

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In a tweet shared with his 600,000 followers, Peter referred to an old tweet he had published on December 20, 2021, noting that the Bitcoin price could face a major drop. Caused by the “panic sell” force in this round.

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Sneezes, however, based on current price movements and his chart analysis, Peter says, 'He hasn't seen that happen yet'.

Peter Brandt is best known as a technical chart analyst and seasoned Wallstreet veteran. However, although he is pessimistic about Bitcoin's current price direction, he previously predicted that Bitcoin could hit the $200,000 level during this bull run. But may have to endure several adjustments along the way.

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