Peter Brandt, Who Predicted Bitcoin's Bull Run Top, Forecasted BTC's Parabolic Run Two Months Ago

The recognized investor and chartist Peter Brandt was able to predict Bitcoin’s bull run to $8,700. At the beginning of April, he said that he wouldn’t be surprised of Bitcoin starting a new parabolic run.

The recognized chartist and analyst Peter Brandt were able to predict the current bull rin un the cryptocurrency market, specifically about Bitcoin’s price surge. This is not the first prediction that Brandt makes about the most popular digital asset in the market. In the past, he has also predicted Bitcoin to drop 80% from its all-time high.

Peter Brandt Predicted Bitcoin’s Trend

Since April, Bitcoin more than doubled its price from $4,100 to over $8,700 in the last few hours. This is something that not many were predicting and that helped Bitcoin reach levels that were not currently expected for the market. Other digital assets have also experienced a similar price surge during the same period of time, including Litecoin (LTC) or Ethereum (ETH).

At the beginning of April, Peter Brandt said that he would not be surprised with Bitcoin entering a new parabolic phase.

Moreover, Brandt has also been following the price action of other digital assets, for example, Ethereum (ETH).

At the time of writing, most of the virtual currencies in the market are operating positively. In the last 24 hours, Bitcoin price grew 10%, Ethereum 7.44% – which is similar to XRP’s growth – Bitcoin Cash (BCH) 9.31% and Litecoin with the largest price increase among the top ten with an increase of 13.4%.

As Bitcoin is getting closer to its next halving in 2020, investors are trying to collect as many Bitcoin coins as possible.

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Carl T
Carl T
Carl is a legend in cryptocurrency space for his long-storied experience, history and insights. He is a digital nomad who fell in love with bitcoin and its offspring for many years now and prides himself on delivering quality perspectives in the emerging world of crypto-assets and blockchain technology.

[Alert] Use the author's self-conducted information at your own risk, do you own research, never invest more than you are willing to lose.

[Disclosure] The published news and content on BitcoinExchangeGuide should never be used or taken as financial investment advice. Understand trading cryptocurrencies is a very high-risk activity which can result in significant losses. Editorial Policy \\ Investment Disclaimer

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