Veteran Trader Peter Brandt Is ‘Getting Ready To Pull the Trigger’ on Bitcoin

Square Inc Bitcoin Users January

Earlier today, Peter L. Brandt, who is among the world’ most highly regarded classical chartists, talked about Bitcoin’s most current rate action.

In 1990, Brandt, who has actually been a product trader because 1976, released the book Trading Commodity Futures with Classical Chart Patterns. Then, in 2011, John Wiley and Sons released his 2nd book, Diary of a Professional Commodity Trader, which “became Amazon’s #1 ranked book on trading for 27 weeks.”

This is what Raoul Pal, Co-Founder and CEO of Real Vision, states about Brandt:

Peter is simply one of the very best and most experienced classical chartists in the world. His analytical, pure chart-driven approach to trading and risk management is clear, understandable and actionable. Real Vision has had the honor of featuring Peter’s work and his content remains one of the most talked about and enjoyed by our subscribers. I can not recommend his work enough.

In a tweet published on March 9, Brandt suggested that he might betting to ready to buy Bitcoin:

 Even though Brandt does not think of Bitcoin as a religion, from his previous tweets, it is clear that he respects the flagship cryptocurrency. For example, on March 4, he said that Bitcoin is the king of cryptoassets:

On March 2, Brandt said that he was a not a BTC HODLer since it made more sense to use technical analysis to recognize Bitcoin’s tops and then to sell at those points rather than hold BTC no matter what and “risk” 80% drawdowns. Then, on March 3, he mentioned that this did not suggest that he was promoting “short-term trading” of BTC.

DISCLAIMER

The viewpoints and views revealed by the author, or any individuals pointed out in this short article, are for informative functions just, and they do not make up monetary, financial investment, or other guidance. Investing in or trading cryptoassets features a threat of monetary loss.

IMAGE CREDIT

Featured Image by “petre_barlea” by means of Pixabay


Source

Share on facebook
Facebook
Share on google
Google+
Share on twitter
Twitter
Share on linkedin
LinkedIn
Share on pinterest
Pinterest

Leave a Reply

Your email address will not be published.

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Want To Stay Updated On the Latest Crypto News? Get the all the important news in Crypto, NFTs & all things Metaverse Instantly! No Yes