Peter Brandt's prediction. You've been warned

Peter Brandt's prediction. You've been warned.

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The problem with his prediction is that MtGox happened in 2014. Unless there's some crazy bad news coming out, I don't think his prediction holds true. There's really been nothing but good news lately for bitcoin, which is why I'm hesitant on calling for anything below $5k BTC. There is massive support/buy pressure at $6,800 as well.

>that 60 year old boomer

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>I'm wrong more often than an inanimate piece of metal
top kek. This goy

tfw petur brundts is a boomer.

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fucking hell the cope. mtgox was't the reason BTC retracted so much, it was the catalyst. it would have happened soon anyway. it went parabolic.

3.5k is very much in play

>he thinks events drive markets, not market makers

>what is expected value
>lose 1% when wrong 9/10 times
>gain 100% when right 1/10 times
>hey goyim why not flip the trade? You can make small gains more often and then lose all your gains and more when you’re wrong

fuking LOL, bet he felt real smart like "heh, 40% is right is better than 0% right" and got shut down real quick

9 is what? $10k?

kek

>3.5k is very much in play
There is an extremely slim chance we go to the $3,500 range.

That isn't how probability works but okay

he is right, but wrong on the timing

You don't think an exchange handling over 70% of all BTC transactions worldwide would have a negative impact if it were to get hacked?

its still a target. maybe it stops at 4k. maybe 4.6k.

but its going that way. and make no mistakes about that. the problem with brainlets who hate brant is they think his TA is predictions. they are targets. very logical ones.
as said, 3.5k, very much in play. i wouldn't be surprised if we hit it fast and bounce, but it could happen that we linger there for months like the last bubble pop. all depends on the market at the time, and how many retails and speculators capitulate and hate bitcoin and crypto after.

mathlets have no idea of what brandt is saying here. this is why you should discount 60% of what /biz says.

yes. thats why it was the catalyst. the was a chance of BTC going to 2k before the pop maybe, but a pop would have happened no matter what. and a 85% retrace is always on the card after a parabola. stop acting like BTC market is not at the mercy of all market cycles. its even more psychology based than most are. the news do not drive the market liek you think they do, they are just "reasons" for the market do do what it has to do.

wow, mathias not being a salty cunt for once