Ethereum to Crash? Veteran Trader Bets Peter Brandt Big on $1,651 ETH

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Ethereum to Crash? Veteran Trader Bets Peter Brandt Big on $1,651 ETH
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Veteran trader Peter Brandt announces public Ethereum short, sets $1,651 target

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At the same time, however, Brandt points out that it is still hard to predict whether the patterns will play out exactly as he sees them, if at all. Sometimes they do not work out the way you think they will, he warns. His pessimistic prediction has gotten people talking in the crypto community, as investors ponder whether there is indeed a chance for a major price correction.It is worth noting that while Brandt's outlook is based on technical analysis rather than personal opinion, he has his own history with the largest altcoin., thinks it is nothing more than garbage and has publicly shorted it before. However, this attempt to short the asset did not go as planned.

Gamza graduated with a degree in finance and credit with a specialization in securities and financial derivatives. He then also completed a master's program in banking and asset management. He wants to have a hand in covering economic and fintech topics, as well as educate more people about cryptocurrencies and blockchain.

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