• Dapps:16.23K
  • Blockchains:78
  • Active users:66.47M
  • 30d volume:$303.26B
  • 30d transactions:$879.24M

Peter Brandt: Bitcoin Not Doomed to Crash Despite Volatility

user avatar

by Giorgi Kostiuk

4 months ago


Renowned crypto trader Peter Brandt shared his perspective on Bitcoin, shedding light on the volatility of the cryptocurrency market.

Peter Brandt's View

In a recent post on platform X, Peter Brandt warned that altcoins might lose up to 90% of their value, and most memecoins could become worthless. However, despite traders' concerns, he indicated that Bitcoin isn't heading for a significant drop to $73,000 as some analysts suggested. Brandt emphasized that the volatility of cryptocurrencies makes precise predictions challenging, with charts changing daily.

Economic Factors Affecting Crypto Market

Bitcoin recently declined to $95,328.48 after reaching $108,000, triggering market fears. Brandt connected the price fluctuations to broader economic changes, such as US employment levels. Recent data indicates fewer people are quitting their jobs, potentially impacting consumer spending. International issues, like potential trade tariffs imposed by the former Trump administration, could also influence the economy and the crypto market.

Other Experts' Forecasts

Another well-known expert, the author of 'Rich Dad Poor Dad', Robert Kiyosaki, sees the current price drop as a good investment opportunity. In his post, he mentioned an impending major market crash predicted in his book, affecting car, real estate, and even luxury markets. Kiyosaki recommends viewing assets like Bitcoin, gold, and silver as potential hedges against inflation.

In a volatile market and amid economic uncertainties, maintaining calm and closely monitoring changes is crucial, as experts highlighted in their statements.

0

Share

Other news

Altcoin Market Overview: Shiba Inu, Hedera, and Emerging Player Web3 ai

Examining the current state of Shiba Inu and Hedera altcoins, along with the prospects of Web3 ai amidst market changes.

user avatarGiorgi Kostiuk

24 minutes ago

Troller Cat: A New Hope in the Meme Coin Market

Troller Cat may become the next successful meme coin amid the growing popularity of meme culture in the crypto industry.

user avatarGiorgi Kostiuk

24 minutes ago

Top Cryptocurrencies for April 2025: How to Make the Right Choice

Analysis of current cryptocurrencies: BlockDAG, Solana, Dogecoin, and TRUMP Coin, their potential and key features.

user avatarGiorgi Kostiuk

25 minutes ago

RCO Finance: Paving the Way in DeFi with Artificial Intelligence

RCO Finance will present an innovative DeFi platform focused on delivering access to cutting-edge technologies and services.

user avatarGiorgi Kostiuk

26 minutes ago

Filecoin vs Qubetics: Path to Successful Cryptocurrency Investments

A comparison of Filecoin and Qubetics, analyzing their potential, investment opportunities, and key features.

user avatarGiorgi Kostiuk

40 minutes ago

Qubetics Cryptocurrency: Chances and Opportunities in the Light of Cosmos's Success

Qubetics is rapidly developing alongside Cosmos's success, offering interesting opportunities for investors.

user avatarGiorgi Kostiuk

41 minutes ago

dapp expert logo
© 2020-2025. DappExpert. All rights reserved.
© 2020-2025. DappExpert. All rights reserved.

Important disclaimer: The information presented on the Dapp.Expert portal is intended solely for informational purposes and does not constitute an investment recommendation or a guide to action in the field of cryptocurrencies. The Dapp.Expert team is not responsible for any potential losses or missed profits associated with the use of materials published on the site. Before making investment decisions in cryptocurrencies, we recommend consulting a qualified financial advisor.