Contrarian Bitcoin analysts pinpoint three reasons why they are still bullish on BTC price for the short and long-term.

The U.S. dollar appeared to benefit from fresh comments by Jerome Powell, while Bitcoin remains frustrated.

Peter Brandt, an experienced trader and well-known chartist who correctly forecasted the January 2018 Bitcoin meltdown, believes it is possible for BTC to...

Crypto analyst and influencer Tyler Swope is issuing his thoughts on the latest Bitcoin crash and when the turbulent price action will end. In his latest strategy session, Swope tells his 250,000 YouTube subscribers that Bitcoin will likely set up one last bear trap before resuming its upward trajectory. The flagship cryptocurrency is struggling to […]

The post Here’s When Big Bitcoin Bear Trap Ends, According to Crypto Trader Tyler Swope appeared first on The Daily Hodl.

Peter L. Brandt, who is one of the world’ most respected classical chartists, recently talked about the price of Bitcoin. In 1990, Brandt, who has been a commodity trader since 1976, published the book Trading Commodity Futures with Classical Chart Patterns. Then, in 2011, John Wiley and Sons published his second book, Diary of a Professional Commodity Trader, which […]

Veteran trading analyst, Peter Brandt has predicted that Bitcoin could still reach $100,000 over the long term in spite of its recent price correction.

Can Bitcoin surge and break the resistance? Can it cross the $40k mark? These are some of the many speculations that have been going around. Well, on the flip side, there have been a couple of bearish

The post Bitcoin to $20k or $40k? Why 'this setup is different...' appeared first on AMBCrypto.

The legendary trader who accurately predicted Bitcoin’s crash in January of 2018 says it is within the realm of possibilities for BTC to lose 40% of its value before bottoming out. In a new tweet, Peter Brandt tells his 529,000 followers that he could see Bitcoin plummeting to around $20,000 in a worst-case scenario. “Big […]

The post Here Is the Worst-Case Scenario for Bitcoin, According to Veteran Analyst and Crypto Trader Peter Brandt appeared first on The Daily Hodl.

The last six weeks have been among the worst in bitcoin’s history. Despite only being in existence for just 12 years, the world’s most valuable digital currency has had its fair share of gloomy days and price swings. However, according to a new report from financial giant JPMorgan, bitcoin’s price, which has been plummeting in […]

BTC price action is already in recovery after a modest drop, and traders are favoring upside.

Bitcoin has been merging for the best segment of the past fortnight and as the range fastens analysts are eying a breakout.

“Bitcoin $20,000 or $100,000 in 2021? Crypto Trend Is Upward,” wrote Bloomberg senior commodity strategist Mike McGlone.