Peter Brandt Warns That Both Bitcoin and Gold May Hit $1K in “Race to the Bottom”

Peter Brandt Warns That Both Bitcoin and Gold May Hit $1K in “Race to the Bottom”

The well-known trading veteran Peter Brandt believes Bitcoin has rough months ahead. Specifically, Brandt suggests that both the premier cryptocurrency and gold - the ultimate counter-cyclical asset - may soon fall to $1,000. Bitcoin and gold could embark on a “race to the bottom” These new statements come in a recent tweet from Brandt. Brandt … Continue reading Peter Brandt Warns That Both Bitcoin and Gold May Hit $1K in “Race to the Bottom”

Peter Schiff Says Bitcoin “Suckers” Have Got Bitcoin’s Safe Haven Status Wrong

Peter Schiff Says Bitcoin “Suckers” Have Got Bitcoin’s Safe Haven Status Wrong

The well-known economist, gold proponent, and financial commentator Peter Schiff is a notorious Bitcoin naysayer. Now, Schiff is out with a fresh take on Bitcoin - stating that the premier crypto isn’t a safe financial haven. Moreover, Schiff also notes that “many suckers own Bitcoin”. It’s “nonsense” that Bitcoin is superior to gold, according to … Continue reading Peter Schiff Says Bitcoin “Suckers” Have Got Bitcoin’s Safe Haven Status Wrong

Flash Bitcoin Crash Leaves Crypto Market Blood-Red

Flash Bitcoin Crash Leaves Crypto Market Blood-Red

A flash Bitcoin crash is taking hold of the cryptocurrency market. In fact, the wider crypto market is now nearly completely in the red. This comes after weeks of bullish momentum. Moreover, traditional markets have fallen two days in a row as worries mount regarding the coronavirus’ continuing spread. Flash Bitcoin crash obliterates recent crypto … Continue reading Flash Bitcoin Crash Leaves Crypto Market Blood-Red

Crypto Bull Run Could Last 1,000 Days, As 2020 Becomes “Best Average Year” for Bitcoin

Crypto Bull Run Could Last 1,000 Days, As 2020 Becomes “Best Average Year” for Bitcoin

2020 is now the best year ever for Bitcoin. Or, more specifically, the average Bitcoin price in 2020 is the highest that it has ever been, based on a volume-weighted average price. Furthermore, this news comes as a crypto analyst suggests Bitcoin’s bull run could last until September 2021. Average Bitcoin price is higher in … Continue reading Crypto Bull Run Could Last 1,000 Days, As 2020 Becomes “Best Average Year” for Bitcoin