Clicky

  • About
  • Coincu
  • Hot topics
  • Random
Sunday, October 1, 2023
CoinCu News
No Result
View All Result
  • Home
  • News
    • Bitcoin
    • Altcoins
    • Blockchain
  • Market
    • Analysis
  • Knowledge
    • Crypto 101
    • DeFi
  • Reviews
    • Exchange Reviews
    • DeFi Reviews
    • GameFi Reviews
    • Casino Reviews
    • Others Reviews
  • Recommended
    • Best Presale Cryptocurrencies
    • Best Bitcoin Casinos
    • Best Bitcoin Gambling Sites
    • Best Web3 Cryptocurrencies
  • Video
  • PR
    • Press Releases
    • Sponsored Articles
    • Advertise
  • Home
  • News
    • Bitcoin
    • Altcoins
    • Blockchain
  • Market
    • Analysis
  • Knowledge
    • Crypto 101
    • DeFi
  • Reviews
    • Exchange Reviews
    • DeFi Reviews
    • GameFi Reviews
    • Casino Reviews
    • Others Reviews
  • Recommended
    • Best Presale Cryptocurrencies
    • Best Bitcoin Casinos
    • Best Bitcoin Gambling Sites
    • Best Web3 Cryptocurrencies
  • Video
  • PR
    • Press Releases
    • Sponsored Articles
    • Advertise
No Result
View All Result
CoinCu News
No Result
View All Result
Home Bitcoin

Peter Brandt: Bitcoin Has A 50% Chance Of Go To Zero

Harold by Harold
12 months ago
in Bitcoin
Reading Time: 3 mins read
388
91
SHARES
3k
VIEWS
Share on Twitter

JPEX Case Now Has 4 New Suspects Arrested In Hong Kong

BTC and ETH Expiry Looms with Multi-Billion Dollar Notional Values

Commodity trader Peter Brandt continues to cling to his long-held prediction that the Bitcoin price is likely to drop to zero.
Peter Brandt: Bitcoin Has A 50% Chance Of Go To Zero

Peter Brandt still believes there is a 50% chance of such a catastrophic scenario.

At the same time, Peter Brandt stated that there is an equal chance of the largest cryptocurrency rallying to $250,000, noting that the cryptocurrency represents a “highly asymmetric risky trade.”

Dating back to 2018 I have without apology stated that Bitcoin $BTC has a 50% chance to go to $100,000/$250,000/whatever and 50% chance to go to $Zero. This I still believe, but it means that #BTC represents a highly asymmetrical reward-to-risk trade pic.twitter.com/Iop7HIMkE3

— Peter Brandt (@PeterLBrandt) October 2, 2022

In 2020, the trader predicted that $0 could be Bitcoin’s final bottom after the cryptocurrency experienced a major pandemic-induced crash in March 2020. However, Bitcoin started another bull run just a few months later.

All along I have stated my belief that there was a 50% chance BTC was going to $100,000 and a 50% chance it would go to $0, or literally zero. Once we broke through 7500 I place my bets on zero.

— Peter Brandt (@PeterLBrandt) March 13, 2020

Additionally, Brandt recently responded to a question regarding Shiba Inu by asserting that he wouldn’t be concerned about missing a price breakout.

Although the largest cryptocurrency has been around for over a decade, there is still no shortage of opponents who believe it will eventually collapse. Berkshire Hathaway Vice Chairman Charlie Munger, the right-hand man of legendary investor Warren Buffett, recently stated that Bitcoin is “very likely” to go to zero, adding that crypto is “stupid” and “evil”.

At the time of writing, BTC is trading at $19,173.

Peter Brandt: Bitcoin Has A 50% Chance Of Go To Zero
BTC daily chart. Source: CoinCu

DISCLAIMER: The Information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing.

Join us to keep track of news: https://linktr.ee/coincu

Website: coincu.com

Harold

CoinCu News

Pika Protocol Reviews: Trade Crypto And Forex With Up To 200x Leverage?

What is Derivatives?

Top Bitcoin Casinos Sites In 2023

Tags: #BitcoinBTCCharlie MungercryptoPeter BrandtpriceShiba Inu
Previous Post

Coinbase Says System Error Has Been Fixed

Next Post

MakerDAO New Proposal Shows A Positive Price Signal Of MKR

Other Posts

BTC/USDT Sudden Drop To $2707 Due To Kline Display Issue
Bitcoin

BTC/USDT Sudden Drop To $2707 Due To Kline Display Issue

September 29, 2023
Gary Gensler Bitcoin Stance Remains Stable: It's Not A Security
Bitcoin

Gary Gensler Bitcoin Stance Remains Stable: It’s Not A Security

September 28, 2023
Bitwise Spot Bitcoin ETF Update: Unleashes Cutting-Edge Research For Approval
Bitcoin

Bitwise Spot Bitcoin ETF Update: Unleashes Cutting-Edge Research For Approval

September 26, 2023
MicroStrategy Bitcoin Purchase: Surpasses $4.68 Billion Investment Mark
Bitcoin

MicroStrategy Bitcoin Purchase: Surpasses $4.68 Billion Investment Mark

September 26, 2023
Bitwise-Withdrawn-New-Application-With-Bitcoin-Focused-Strategy
Bitcoin

Bitwise Withdrawn New Application With Bitcoin Focused Strategy

September 25, 2023
12-Leading-Bitcoin-ETFs-Hold-Over-100,000-BTC-A-Glimpse-Into-Cryptos-Bright-Future
Bitcoin

12 Leading Bitcoin ETFs Hold Over 100,000 BTC – A Glimpse Into Crypto’s Bright Future

September 25, 2023
Next Post
MakerDAO New Proposal Shows A Positive Price Signal Of MKR

MakerDAO New Proposal Shows A Positive Price Signal Of MKR

  • Floki Binance Deposit Of 15.8 Billion Tokens Sparks 5% Surge In Price

    Floki Binance Deposit Of 15.8 Billion Tokens Sparks 5% Surge In Price

    100 shares
    Share 40 Tweet 25
  • Weekly Top Crypto News (September 25 – October 1)

    92 shares
    Share 37 Tweet 23
  • VanEck Commits 10% of Ethereum ETF Gains for a Decade of Core Support

    96 shares
    Share 38 Tweet 24
  • Arkham Intelligence Platform Now Supports Flare Network

    96 shares
    Share 38 Tweet 24
  • Vitalik Ethereum Enshrinement: The Risky And Complex Tradeoff In Protocol

    91 shares
    Share 36 Tweet 23
Weekly Top Crypto News (September 25 – October 1)

Weekly Top Crypto News (September 25 – October 1)

October 1, 2023
Vitalik Ethereum Enshrinement: The Risky And Complex Tradeoff In Protocol

Vitalik Ethereum Enshrinement: The Risky And Complex Tradeoff In Protocol

September 30, 2023
Floki Binance Deposit Of 15.8 Billion Tokens Sparks 5% Surge In Price

Floki Binance Deposit Of 15.8 Billion Tokens Sparks 5% Surge In Price

September 30, 2023
FTX Accounts Drainer Transfers Massive ETH Worth $8M In 3 Hours

FTX Accounts Drainer Transfers Massive ETH Worth $8M In 3 Hours

September 30, 2023
Paradigm Accuses SEC of Legal Manipulation in Binance Case

Paradigm Accuses SEC of Legal Manipulation in Binance Case

September 30, 2023
VanEck Commits 10% of Ethereum ETF Gains for a Decade of Core Support

VanEck Commits 10% of Ethereum ETF Gains for a Decade of Core Support

September 30, 2023
Kyle Davies Wanted: Reward 10 Bitcoin For Global Capture

Kyle Davies Wanted: Reward 10 Bitcoin For Global Capture

September 29, 2023
Arkham Intelligence Platform Now Supports Flare Network

Arkham Intelligence Platform Now Supports Flare Network

September 29, 2023
Invesco Galaxy Ether ETF Is New Step To Fuel Ether's Breakthrough

Invesco Galaxy Ether ETF Is New Step To Fuel Ether’s Breakthrough

September 29, 2023
OX Selling Pressure Alert: Whales Are Withdrawing Massive Tokens

OX Selling Pressure Alert: Whales Are Withdrawing Massive Tokens

September 29, 2023
  • Live Prices
  • Binance
  • NFT
  • Solana
  • Metaverse
  • Polygon
  • Coinbase
  • Trending

© 2021 COINCU Financial Group Inc. Address: Road Town, Tortola, British Virgin Islands. Email us: [email protected].

No Result
View All Result
  • Coincu
  • News
    • Bitcoin
    • Altcoins
    • Blockchain
    • Metaverse News
    • NFTs News
  • Market
    • Analysis
  • Knowledge
    • Crypto 101
    • DeFi
  • Reviews
    • Exchange Reviews
    • DeFi Reviews
    • GameFi Reviews
    • Casino Reviews
    • Others Reviews
  • Recommended
    • Best Presale Cryptocurrencies
    • Best Bitcoin Casinos
    • Best Bitcoin Gambling Sites
    • Best Web3 Cryptocurrencies
  • PR
    • Press Releases
    • Sponsored Articles
    • Advertise
  • Video

© 2021 COINCU Financial Group Inc. Address: Road Town, Tortola, British Virgin Islands. Email us: [email protected].

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In