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Cryptocurrency Ecosystem => Bitcoin Forum => Bitcoin News & Updates => Topic started by: sirty143 on February 28, 2024, 12:46:13 PM

Title: Peter Brandt Raises Bitcoin Price Target to $200,000 for the Current Bull Market
Post by: sirty143 on February 28, 2024, 12:46:13 PM

Peter Brandt Raises Bitcoin Price Target to $200,000 for the Current Bull Market Cycle

Veteran trader Peter Brandt has provided an update on his bitcoin price prediction. He explained that the price target for “the current bull market cycle” scheduled to end in Aug/Sep next year has been raised from $120,000 to $200,000. See more for yourself here (https://news.bitcoin.com/peter-brandt-raises-bitcoin-price-target-to-200000-for-the-current-bull-market-cycle/).

Your opinion is greatly appreciated.

Title: Re: Peter Brandt Raises Bitcoin Price Target to $200,000 for the Current Bull Market
Post by: Tribalchief on February 28, 2024, 10:49:37 PM

Peter Brandt holds a markedly different perspective on what Bitcoin represents and how price changes occur. Sincerely, large percentage of Bitcoin and crypto ethusiast in the crypto space solely believes that Bitcoin halving is the beginning of Bitcoin cycle, which bull market comes after, but surprisingly, Brandt sees the opposite.

Regarding Brandt's price predictions, he may be right or not. In the crypto space, we are all free to make personal predictions based on our reasoning or observations. I predicted $80K for myself, which is purely my opinion.

Additionally, I've noticed that he isn't a fan of Ethereum and other altcoins. Brandt seems to have no chill for matters outside Bitcoin  ;D.