Bitcoin advocate, Peter Brandt, a veteran trader, believes that there won’t be another significant price dip for BTC. Thus, the opportunity is gone. In a recent interview, he expounded on his vision of the price of Bitcoin. He thinks that even though many people are skeptical, the floor has already been hit. This means that BTC/USD has reached the bottom. “They all now want to sit and buy a break back to $6,000 or $5,000 and they’ve missed the bottom — and during that bottom, I think you had a lot of people accumulate with strong hands,” he summarized.
Grayscale a well-known institutional investment firm in the cryptocurrency space revealed that institutional investment into crypto skyrocketed in 2019. Specifically, Grayscale recorded inflows of more than $600 million in 2019, which is more than the inflows from 2013 through 2018 combined.
Vote between Vechain, Electroneum, Tomochain, Crypto.com, Enjin for our next deep dive
‘Weak hands are out’ - Peter Brandt
Institutional Money Igniting the Current Bitcoin Rally
5 Cryptocurrencies That Performed Great in 2019
#Bitcoin #Cryptocurrency #Blockchain #BTC #ETH #Enjin #Tomochain #Crypto.com #Electroneum #Cardano
New Weekly CryptoTag #Giveaway
- Simply Subscribe to Altcoin Buzz and drop a comment on the Video
- Winners for this weekly giveaway will be announced on every Saturday
Altcoin Buzz Free Newsletter: http://eepurl.com/dnIEz1
Sign up for Crypto.com and We Both Get $50 USD https://platinum.crypto.com/r/ab
Sign up for eToro https://tinyurl.com/yxwa8vbt
Visit our website: https://altcoinbuzz.io
Connect with us on Social Media:
NOTE The information discussed on the Altcoin Buzz YouTube or other social media channels is not financial advice. This information is for educational, informational and entertainment purposes only. Any information and advice or investment strategies are thoughts and opinions only, relevant to accepted levels of risk tolerance of the narrator and their risk tolerance maybe different than yours. We are not responsible for your losses. Bitcoin and other cryptocurrencies are high-risk investments so please do your due diligence and consult the financial advisor before acting on any information provided. Copyright Altcoin Buzz Pte Ltd. All rights reserved.