Peter Brandt reveals veteran analyst for 50 years he expects after Bitcoin’s record: It gives a price and a date for Peak – Bitrss

While a cryptocurrency in the world, Bitcoin, has exceeded its highest level (ATH ($ 0.05) by reaching $ 109,358, great data came from two important names in the market.

Experienced commodity and economist merchant Peter Brandt and CAPO CAPO analyst from Crypto assessed height from various views.

Peter Brandt, who has been following the Bitcoin market for a long time, argued that the ATH level should not be exaggerated, and stated that the height is a natural process.

According to Brandt, new records of a technical perspective should not be exaggerated, because the definition of the bull market is that it is made newly made. Brandt predicts that bitcoin may rise to the peak in the range of $ 125,000 to $ 150,000 by the end of August.

On the other hand, an analyst known in the encryption market as “IL Capo of Crypto” takes a more cautious approach. According to the analyst, the current height is not strong enough to change the long -term direction and these levels may be a local peak. The analyst states that he realized some profits and opened short positions in Bitcoin and the leadership of Altcoins. He is also planning to increase his shorts in Altcoin in the case of additional landmarks regarding the market guidance.

IL CAPO stated that the last BTC record (107,058.00 dollars) did not change his views and that he believed the height was a bull trap.

*This is not an investment advice.

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