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Bitcoin’s price may continue its parabolic advance, says renowned trader

Peter Brandt, a 40-years trading veteran, is back on the bullish side claiming that Bitcoin likely resumed its fourth “parabolic advance. ” Parabolic Phases The author of “The Diary of a Professional Commodities Trader,” explained earlier this year that Bitcoin’s market valuation can be divided into three parabolic phases, based on 1-week charts. дальше »

2019-9-3 21:18


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Has Bitcoin ‘Possibly’ Entered its 4th Parabolic Phase?

Few hours ago, in a tweet, acclaimed trader and analyst Peter Brandt hinted at bitcoin ‘possibly’ entering the next leg of its next/ fourth parabolic price rally. But, what really is his claim based on?  Retweeting a tweet from Raoul Pal, Founder/CEO – Global Macro Investor and Real Vision Group, Peter shared a BTC/USD chart which looks something as below. дальше »

2019-9-2 01:20


Veteran Trader: Bitcoin may have Entered its Fourth Parabolic Phase, BTC Price Breakout Imminent?

Currently, Bitcoin is trading around $9,500 While one analyst says there is still more resistance, another one says we never had 3 red candles in a row in bull market ”Possibility that BTC has entered fourth parabolic phase,” Peter Brandt Bitcoin has turned green yet again but barely. After tumbling to $9,300 level this week, […] дальше »

2019-9-1 19:56


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Bitcoin ‘Failed Safe Haven Test’ Again: Goldbug Schiff

Bitcoin proponents have rallied round to denounce gold bug Peter Schiff after he said the cryptocurrency has proven it is not a safe haven. Schiff: Bitcoin Failed ‘Again’ In a Twitter debate on August 29, Schiff used the sudden weakness in the Bitcoin price to suggest it was an unreliable alternative investment to assets such as stocks and fiat currency. дальше »

2019-8-30 14:00


Bitcoin Bull Run ‘Hasn’t Started,’ Says Analyst After New Peter Schiff Remarks

Bitcoin proponents discarded fresh criticism from gold bug Peter Schiff this week after he suggested the cryptocurrency was losing popularity despite its price rise. Schiff: Bitcoin Volume ‘Much Lower’ Than 2017 As a Twitter discussion which began July 29 revealed, Schiff, who is well known as a cryptocurrency skeptic, claimed Bitcoin’s 2019 bull run produced lower volumes than the previous one in December 2017. дальше »

2019-7-30 15:00


$11,381: Bitcoin Price Bulldozes to New 2019 High; All-Time High Next?

The bitcoin price has surged to a new 2019 high once again at $11,381 less than 24 hours after climbing to $11,200 on June 24. Analysts like Fundstrat’s Thomas Lee, RT host Max Keiser, and technical analyst Peter Brandt foresee the bitcoin price reclaiming its all-time high at $20,000 in the near term as the dominant crypto asset continues to see its momentum strengthened. дальше »

2019-6-25 12:26


Bitcoin a Good Buy if Trade Tension Persists, Admits Wall Street Skeptic

By CCN: The frequently volatile stock market provides rare hideouts for investors but one of them could be bitcoin, according to Mr. Peter Boockvar of Bleakley Advisory Group. The chief investment officer said this week that a sharp rise in bitcoin price indicated that investors were unsure about the Federal Reserve’s stance on interest rate cuts, as well as about the outcome of an ongoing trade war between the US and China that kept buying sentiment weaker in both the Western and Asian stock markets. дальше »

2019-6-7 11:28


Kraken: Peter Brandt questions exchange’s order, liquidity; deems irregular Bitcoin charts price manipulation

With the rapid rise of Bitcoin [BTC] and the larger cryptocurrency market, cryptocurrency exchanges are increasingly under the compliance radar, with respect to price manipulation. Since the beginning of April, Bitcoin has risen by over $4,000, and several reports since have questioned the liquidity of exchanges. дальше »

2019-5-28 21:30


Bitcoin Correction Will Spawn New Parabola, Says Veteran Trader Peter Brandt

Bitcoin price took a surprising tumble after some inexplicable kerfluffle at BitMEX and traders are now wondering if the current rally has been compromised. Strong Correction Breaks Bitcoin’s Parabolic Advance Yesterday’s massive liquidation at BitMEX has the entire crypto-world up in arms and concerns about broken parabolas, fat fingers, wonky algos, and outright manipulation are setting every chatroom and journal on fire. дальше »

2019-5-18 23:00