BITCOIN

Veteran trader Peter Brandt has warned that bitcoin’s price corrections have taken many months in the past and it may take some time for the price of the cryptocurrency to hit another all-time high. He criticized bitcoin’s proponents for constantly hyping the crypto regardless of the price. Peter Brandt Warns It May Take Some Time for Another Bitcoin Peak Veteran trader Peter Brandt cautioned investors Thursday that it could take some time for the price of bitcoin to reach another all-time high. Brandt has been a futures and FX career trader since 1975. He is a chartist and the author of the Factor Report. He trades a variety of markets, including Dow futures, bonds, corn, crude oil, European wheat, Osaka Dow, U.S. dollar, and sugar. He criticized bitcoin’s proponents for constantly hyping the cryptocurrency regardless of what the price is doing. “Cheerleaders who constantly beat the drums of ‘to the moon’ are doing a huge disservice to BTC investors,” the trader tweeted, elabora

Kevin O’Leary, aka Mr. Wonderful, has shared what he thinks the price of bitcoin will be in the coming years. He said when institutions get the go-ahead from their compliance departments to invest in bitcoin, the price of the cryptocurrency “is going to appreciate dramatically.” Kevin O’Leary’s Bitcoin Prediction Shark Tank star Kevin O’Leary shared his prediction of the price of bitcoin in an interview with Stansberry Research last week. He explained that many institutions are not allowed to invest in bitcoin, stating: “That’s well-known because it just hasn’t been ruled by the regulator yet. So, as a proxy to getting exposure to bitcoin, they buy the equities of public bitcoin mining companies, Marathon, Riot, etc.” O’Leary detailed: You want to talk about bitcoin going to $100K, $200K, $300K, it’s going to happen when institutions can finally buy it. “I can tell you with certainty right now because I service sovereign wealth funds and pension plans,” Mr. Wonderful continued