Tech News, Magazine & Review WordPress Theme 2017
  • FEATURES
    • News
    • Bitcoin
    • Ethereum
    • Ripple and XRP
    • Altcoins
    • Trading
    • Blockchain
    • Futuremash
    • Regulators
    • Scams
    • Crypto 101
  • HODLX
    • Latest Stories
    • FAQ
    • Submit Your Guest Blog
  • CRYPTO LIVEWIRE
    • Latest
    • Press Releases
    • ChainWire
    • Sponsored Posts
    • Submit Your Content
  • BEGINNERS
    • What Is Bitcoin?
    • What Is Blockchain?
    • What Does Hodl Mean?
    • How to Pay Your Bills with Bitcoin
    • Best Bitcoin FAQs
    • Example of Bitcoin’s Purpose
    • Cryptocurrency Has Multiple Meanings
    • Authenticator Alert – Securing Your Crypto
  • SUBMIT
    • Guest Blog
    • Press release
    • Sponsored post
  • EXPLORE
    • eToro
  • DAILY HODL MIX
No Result
View All Result
  • FEATURES
    • News
    • Bitcoin
    • Ethereum
    • Ripple and XRP
    • Altcoins
    • Trading
    • Blockchain
    • Futuremash
    • Regulators
    • Scams
    • Crypto 101
  • HODLX
    • Latest Stories
    • FAQ
    • Submit Your Guest Blog
  • CRYPTO LIVEWIRE
    • Latest
    • Press Releases
    • ChainWire
    • Sponsored Posts
    • Submit Your Content
  • BEGINNERS
    • What Is Bitcoin?
    • What Is Blockchain?
    • What Does Hodl Mean?
    • How to Pay Your Bills with Bitcoin
    • Best Bitcoin FAQs
    • Example of Bitcoin’s Purpose
    • Cryptocurrency Has Multiple Meanings
    • Authenticator Alert – Securing Your Crypto
  • SUBMIT
    • Guest Blog
    • Press release
    • Sponsored post
  • EXPLORE
    • eToro
  • DAILY HODL MIX
No Result
View All Result
The Daily Hodl
No Result
View All Result

Veteran Trader Who Nailed Bitcoin Crash Updates Price Forecast, Says Fundamental Catalyst Driving BTC

by Daily Hodl Staff
March 7, 2021
in Bitcoin
‏‏‎ ‏‏‎ ‏‏‎ ‏‏‎

A widely-followed veteran trader who’s known in the crypto space for calling Bitcoin’s big crash in January of 2018 is unveiling the key fundamental driver that will fuel Bitcoin’s bull market.

Peter Brandt tells his 435,100 Twitter followers that he believes Bitcoin, along with other assets, will continue to thrive in bull territory in the face of US dollar debasement.

ADVERTISEMENT

“The devaluation of the purchasing power of the U.S. Dollar DX_F has only just begun. This is why Bitcoin BTC, real estate, U.S. equities and commodities will continue to trend higher when expressed in USD fiat terms.”

Source: Peter Brandt/Twitter

Brandt’s latest analysis comes after the U.S. Senate passed President Biden’s Covid stimulus package to the tune of $1.9 trillion. Bitcoin bull Anthony Pompliano says the relief package will have a massive impact on the value of the US dollar and Bitcoin.

“Thinking the dollar is stable in purchasing power terms is completely insane. 40% of all dollars in circulation will be created in 12 months after this $1.9 trillion… Purchasing power is drastically down. Compare dollars to stocks, real estate, goods, services, Bitcoin, etc… The US Senate just agreed to reiterate to the world why Bitcoin is important and valuable.”

In the short-term, Brandt believes that Bitcoin is en route to a new all-time high.

“Two charts to carefully watch in the days ahead. ES_F S&Ps ‘V’-extended bottom. New highs ahead.

BTC inverse head and shoulders pattern. New highs ahead.”

Source: Peter Brandt/Twitter
Don't Miss a Beat – Subscribe to get crypto email alerts delivered directly to your inbox

Follow us on Twitter, Facebook and Telegram

Surf The Daily Hodl Mix
ADVERTISEMENT


Check Latest News Headlines


ADVERTISEMENT


Disclaimer: Opinions expressed at The Daily Hodl are not investment advice. Investors should do their due diligence before making any high-risk investments in Bitcoin, cryptocurrency or digital assets. Please be advised that your transfers and trades are at your own risk, and any loses you may incur are your responsibility. The Daily Hodl does not recommend the buying or selling of any cryptocurrencies or digital assets, nor is The Daily Hodl an investment advisor. Please note that The Daily Hodl participates in affiliate marketing.

Featured Image: Shutterstock/Lightspring

Submit a Press Release

Crypto Livewire – Press Releases

  • 120,000 Players Are Already Lining Up to Earn NFTs by Playing This Upcoming AAA Mobile RPG
    April 22, 2021
  • Hord Announces Quadruple Token Sale via IEO and IDO
    April 22, 2021
  • BitMinutes Announces Partnership With GoodDollar, Embracing Opportunity for Social Good
    April 22, 2021
  • Bitsgap Launches Intuitive Combo AI Bot for Futures Trading
    April 21, 2021
  • eToro Adds Chainlink and Uniswap Amid Investor Surge for Crypto
    April 19, 2021
  • TeraBlock Secures $2.4 Million to Build a Newbie-Friendly Crypto Exchange Powered by Machine Learning
    April 19, 2021
  • BlockSwap Network Announces Balancer LBP and Uniswap LP Incentive
    April 19, 2021
Submit a Guest Post
ADVERTISEMENT
ADVERTISEMENT
Bitcoin
$49,506.00
$49,506.00
9.56%
Ethereum
$2,218.96
$2,218.96
10.98%
Binance Coin
$487.52
$487.52
13.74%
XRP
$1.06
$1.06
20.46%
Polkadot
$29.44
$29.44
15.67%
Cardano
$1.04
$1.04
15.42%

Spotlight

  • Bitcoin and Crypto Markets Plummet As U.S. Treasury Rumor Spreads
    April 17, 2021
  • Bitcoin’s Current 20% Correction Mild, Says Legendary Crypto Trader Peter Brandt – Here’s Why
    April 21, 2021
  • Michaël van de Poppe Unveils Bullish Price Target for Ethereum, Says Bitcoin Must Remain Above Crucial Breaker
    April 15, 2021
  • Analyst Says Dogecoin Has Strongest Chart in Crypto, Predicts Litecoin and Ethereum Rival Solana Poised for Big Rallies
    April 19, 2021

DON’T MISS A BEAT

Crypto headlines delivered daily
to your inbox
BTC, ETH, XRP news alert options

By joining The Daily Hodl news list you agree to our
Terms and Conditions and Privacy Policy.

Check your inbox for confirmation email.

Cryptocurrency news and analysis, covering Bitcoin, Ethereum, Ripple, XRP, altcoins and blockchain technology

Categories

Bitcoin • Ethereum • Trading •
Ripple and XRP • Altcoins •
Blockchain • Regulators •
Scams • Crypto101 • HodlX • Explore • Futuremash •
Crypto Livewire

ABOUT US | EDITORIAL POLICY | PRIVACY POLICY
TERMS AND CONDITIONS | CONTACT

JOIN US ON TELEGRAM

JOIN US ON TWITTER

JOIN US ON FACEBOOK

COPYRIGHT © 2017-2021 THE DAILY HODL

No Result
View All Result
  • FEATURES
    • News
    • Bitcoin
    • Ethereum
    • Ripple and XRP
    • Altcoins
    • Trading
    • Blockchain
    • Futuremash
    • Regulators
    • Scams
    • Crypto 101
  • HODLX
    • Latest Stories
    • FAQ
    • Submit Your Guest Blog
  • CRYPTO LIVEWIRE
    • Latest
    • Press Releases
    • ChainWire
    • Sponsored Posts
    • Submit Your Content
  • BEGINNERS
    • What Is Bitcoin?
    • What Is Blockchain?
    • What Does Hodl Mean?
    • How to Pay Your Bills with Bitcoin
    • Best Bitcoin FAQs
    • Example of Bitcoin’s Purpose
    • Cryptocurrency Has Multiple Meanings
    • Authenticator Alert – Securing Your Crypto
  • SUBMIT
    • Guest Blog
    • Press release
    • Sponsored post
  • EXPLORE
    • eToro
  • DAILY HODL MIX

© 2020 The Daily Hodl

×