U.Today – Peter Brandt, a seasoned trader who has been in the business since 1975, comments on today's historic price spike of over $100,000. The smart trader admitted he didn't understand what all the excitement was about, adding that for him $100,000 in Bitcoin was “just another number.”
Additionally, Brandt called the giant new moonstone a “big yawn” and said, “I just couldn't understand $100,000, which is a lot of money.” Mr. Brandt did not explain his stance on BTC's new all-time high. He has always been favorable towards Bitcoin compared to other cryptocurrencies such as and . He has trashed ETH vs BTC many times. Brandt recently suggested in a tweet that he doesn't expect Bitcoin to stop at $100,000.
The Bitcoin community responded enthusiastically to Brandt's tweet, with many saying that $100,000 is about the importance of “round numbers” and “human psychology.” Some say, “This means you can sell 1 BTC for 100,000 USD.” It's pretty wild. ”
Bitcoin influencers react to new ATH
Bitcoin has surged about 9.31% in the past 24 hours, rising from $94,835 to the aforementioned all-time high and breaking above $100,000 for the first time in history.
However, many other crypto experts (but primarily investors, not traders), including Anthony Pompliano and Robert Kiyosaki, believe that Bitcoin is at its historic resistance level and the biggest sell-off in history. It emphasizes the importance of breaking through walls.
Pompliano, founder of Pump Investments Fund, said this is an important psychological level, and as Bitcoin moves above this level, it will start to attract skeptical boomers and they are not missing out on a huge opportunity. I think I will start buying BTC just to be sure. .
Unlike many others, Qiao Changpeng (CZ), the founder and former CEO of the Binance exchange, has not changed the number of Bitcoins he owns recently, so this Bitcoin He tweeted that he didn't make much money due to the price hike. Apparently, he was hinting that he would not buy any more BTC during this year's downturn.
JAN3 boss Samson Mo reaffirmed his previous prediction that Bitcoin would soar to $1 million per coin after reaching $100,000. In a recent tweet, he suggested that Bitcoiners should add “laser eyes” to their avatars again until BTC reaches $1 million.
This article was originally published on U.Today
