RATE Group | Bitcoin Price Prediction: BTC may become a page in the history books
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Bitcoin Price Prediction: BTC may become a page in the history books

02 Apr Bitcoin Price Prediction: BTC may become a page in the history books

Posted at 12:03h in Bitcoin News by

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  • Peter Brandt says Bitcoin may become a page in history.
  • BTC/USD moves along the upside trend line.

Bitcoin retreated from the intraday high of $6,764 during early Asian hours only to return to $6,670 by press time. Despite the retreat, BTC/USD is still nearly 5% higher from this time on Wednesday, while a sustainable move above $6,500 can be interpreted as a positive signal for BTC bulls.

 Peter Brandt remains a nay-sayer

A legendary commodity trader and a frequent Twitter user, Peter Brandt recently compared Bitcoin with corn and said that the first cryptocurrency become “just a page in history books”, while corn will be doing well long after BTC disappears. 

Notably, Brandt was actually commenting corn prices, saying that they dropped to the lowest level in 50 years, which was an unhappy development for farmers. However, it appears that corn is a new jargon word used in the crypto Twitter to refer to Bitcoin. 

Peter Brandt is known for his critical…

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