RATE Group | Crypto Legend Peter Brandt Analyzes BTC, Litecoin and XRP, Says Early Signs Suggest Bitc…
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Crypto Legend Peter Brandt Analyzes BTC, Litecoin and XRP, Says Early Signs Suggest Bitc…

Crypto Legend Peter Brandt Analyzes BTC, Litecoin and XRP, Says Early Signs Suggest Bitc…

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A closely watched veteran trader who became legendary in crypto circles for calling Bitcoin’s big collapse in January of 2018 is revealing his latest thoughts on BTC, XRP and Litecoin, the world’s first, third and seventh-largest cryptocurrencies by market cap.

Peter Brandt, who has previously said Bitcoin could rise to $100,000 in its current long-term cycle, says the king coin remains in an historic bull trend. In his latest weekly crypto outlook, Brandt says the leading cryptocurrency is now showing early signs that it could climb “a lot higher” than $100k.

“We can use this recent low that we’ve seen back in December that connects back to December 2018 as kind of now redefining the parabolic advance that could be in the process of developing now. And that has implications.

I don’t want to get too far ahead of myself because I can make an argument here that I’m not sure really can be made yet – that we’re going a lot higher…

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