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Sandeep Kumar Mishra
Jan 30, 2022
by Sandeep Kumar Mishra

Peter Brandt Takes A Dig At Crypto Bulls; Says Now’s the Time to Buy BTC

Peter Brandt Buy BTC
In a tweet made minutes before the time of writing this article, legendary trader Peter Brandt took a dig at crypto bulls who until March last year were predicting an all-time high for Bitcoin in November. The tweet came less than a week after Bitcoin hit $33,000, resulting in massive losses for investors. In the same tweet, Peter Brandt also suggested that maybe it was the right time to buy BTC.

 

Peter Brandt Seems to Think Now’s the Ideal Time to Buy BTC

In a tweet that basically poked fun at “crypto pundits” who until last year were anticipating Bitcoin’s price to skyrocket in November, Brandt said that he found it quite funny that the same experts are now feeling that Bitcoin’s price may go below $30,000. In response to these speculations that Brandt thought were quite alienated from reality, he suggested that maybe it’s time to buy BTC.

Bitcoin’s Price Is Undergoing A Slump

Bitcoin’s price has been going through a constant slump since the start of this year. The year started with Bitcoin firmly placed at $47,000. But as the month progressed, Bitcoin’s price consistently slashed until it hit $33,000 last week. This resulted in the world's five wealthiest tech magnates collectively losing almost $85 billion in the first few weeks of 2022, with the week's market sell-off wreaking havoc on their fortunes.

While Tesla CEO Elon Musk lost $27 billion, Amazon founder Jeff Bezos went down by $25 billion. Also, Binance founder Changpeng Zhao saw his crypto fortunes plummet by a staggering $17.7 billion.

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Peter Brandt Takes A Dig At Crypto Bulls; Says Now’s the Time to Buy BTC
Sandeep Kumar Mishra
Sandeep is an avid cryptocurrency enthusiast and a keen & passionate blogger. He has a strong mix of skills in the areas of computer networking, cryptography, algorithms, and data structures and specializes in ERC20 tokens. Lately, he is taking a lot of interest in blockchain-powered AI solutions, about which he is also reading and writing extensively. He has to his name dozens of deeply researched articles about cryptocurrencies, blockchain, AI, and IoT. Apart from that, he loves to keep track of the latest trends in social media and digital marketing space. Also, as a huge proponent of blockchain and cryptocurrencies, Sandeep tries to deliver all the latest cryptocurrency news to ardent crypto supporters like yourselves. If you like his content, feel free to follow him on LinkedIn.

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