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Expert Trader Says BTC Bottom Is In, Ancitipates New ATH in Q3 2024

Published 10/26/2023, 04:59 PM
Updated 10/26/2023, 05:15 PM
© Reuters.  Expert Trader Says BTC Bottom Is In, Ancitipates New ATH in Q3 2024
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  • Expert trader Peter Brandt forecasts Bitcoin’s next all-time high in Q3 2024.
  • He cautions against overconfidence in predicting cryptocurrency market movements.
  • Brandt analyzes historical data, identifying $34,587 as a potential bottom for BTC’s next bull run.

Peter Brandt, a renowned proprietary trader with decades of experience in the field, has shared his prediction for when crypto market participants can expect the next Bitcoin (BTC) all-time high (ATH).

Brandt first underscored that no one can accurately predict the future trajectory of cryptocurrencies like Bitcoin as the market is programmed to deliver unexpected twists and turns. According to the expert trader, “Anyone who declares they know the future path of any market is a fool. Markets will ALWAYS surprise.”

Regardless, Brandt expressed a conviction that Bitcoin has reached one of the lowest points to be witnessed and that it is poised to soar to new all-time highs. According to him, new highs for Bitcoin will not surface until the third quarter of next year, 2024.

The post Expert Trader Says BTC Bottom Is In, Ancitipates New ATH in Q3 2024 appeared first on Coin Edition.

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