Veteran trader Peter Brandt anticipates a significant correction in the crypto market this year despite holding Bitcoin and Solana. He cautions against expecting another massive rally like Bitcoin's historical surge, stating that many millennials and Gen Zs are hoping for quick riches through 'trash coins'.
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We believe that all content is accurate as of the date of publication, but certain offers mentioned may no longer be available.Well-known trader Peter Brandt, who has been in the trading business since the 1970s, has taken to his account on the X social media platform in the past to share with the community a few stunning crypto predictions and also to share what cryptocurrencies he holds. As for his predictions, the famous trader expects the crypto market to enter a large correction this year.Peter Brandt admitted that he holds two top-ten cryptocurrencies – in particular, the pioneer one, Bitcoin, and Solana (SOL), an Ethereum rival positioned as another “ETH killer.” It seems that despite owning crypto, Peter Brandt does not expect Bitcoin to repeat the astounding 1.4 million-fold rise that the world’s largest crypto has staged since January 5, 2010, when it traded at $0.07 (while now it is changing hands above $99,000 after reaching an all-time high of over $108,000 in mid-December).And many Zs and Ms expect trash_coins to be their redemption & ticket to richesPeter Brandt tweeted that “many people are expecting a repeat”, especially millennials and people from the Z generation. They “expect trash_coins to be their redemption & ticket to riches”, Brandt stated. He revealed that while he holds Bitcoin and Solana, what he prefers to buy now for big profits is not crypto but “Kleenex stock” produced by Kimberly & Clar
CRYPTOCURRENCY PETER BRANDT MARKET PREDICTION CORRECTION INVESTMENT ADVICE
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