An October pullback could offer a buying opportunity before Bitcoin’s next cycle peak, which Brandt expects between $300,000 and $600,000. He’s not sold on “fool coin” XRP.
Veteran trader Peter Brandt called October 4 as the day Bitcoin’s bear market would end, but now he thinks the market beat him to it.
“There’s a good possibility we have seen the low and now are entering a new bull market cycle in Bitcoin,” Brandt tells Cointelegraph on the latest episode of Trade Secrets.
In July, Brandt warned that prices could fall into the high-$40,000 range. Bitcoin was trading near $64,000 when that interview was published and climbed to almost $85,000 by his latest appearance.&
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