Veteran Trader Peter Brandt Predicts Major Rally Incoming for Litecoin, Says He’s Long-Term Bullish on Bitcoin

作者:The Daily Hodl - 2 年前 - 閱讀時間:2 分鐘

Veteran Trader Peter Brandt Predicts Major Rally Incoming for Litecoin, Says He’s Long-Term Bullish on Bitcoin

Trading veteran Peter Brandt is a long-term Bitcoin (BTC) bull, but he’s expecting Litecoin (LTC) to outperform the leading crypto soon.

交易者 告訴 his 580,000 Twitter followers that Litecoin is poised for a massive run after breaking through resistance from its September peak of $239.12.

“Litecoin has broken above September high on expanding volume and WBBs so expect retest of 2021 high at $395 or so.”

資源: 彼得·布蘭特/推特

Brandt did not define the term “WBBs.” He could be referring to wide-bodied bars, as in the body of the candles getting wider, or the weekly Bollinger bands, a common trading indicator currently showing expansion for LTC. Regardless, both indicators point to a bullish outlook for the crypto asset.

From a low of $193 this week, LTC has shot up 47% and is currently trading at $283.94.

Aside from Litecoin’s short-term price action, Brandt is 密切關注 on Bitcoin for the long term as a safe haven against inflation.

“There is one thing in the markets I am absolutely sure of – the declining value of the US dollar.

$1 when I was born is worth 8 cents today.

$1 today will likely be worthless when my grandkids are my age.

比特幣。”

交易者 告訴 skeptics that he has plenty of experience shorting various cryptocurrencies, but has remained long on Bitcoin since April of 2019.

“Note to my trolls (assuming you can read).

Let me type this really slow so that you might understand – I have only shorted cryptos once in my life (Nov 14, 2018).

I have been continually long BTC since early Apr 2019. I want Bitcoin price to go UP (spelled U P).”

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該職位 Veteran Trader Peter Brandt Predicts Major Rally Incoming for Litecoin, Says He’s Long-Term Bullish on Bitcoin 最早出現 每日霍德.

原始來源: 每日霍德