Bitcoin (BTC) $99,148 price decreased to $91,466 before the opening of U.S. markets, reaching $92,720 at the time of writing. While altcoin traders have experienced rapid gains recently, they face double-digit declines today. What are the current predictions for DOGE, XRP, and EIGEN? What is Peter’s latest BTC assessment, given his trading experience since 1975?
Peter Brandt’s Insights on Bitcoin
Peter Brandt, who has been trading since 1975, shared his evaluations regarding cryptocurrencies. He recalled his 2017 predictions before the BTC decline accelerated, stating that he highlighted Bitcoin’s peak in a tweet from December 21, 2017. He noted that during that time, significant media interest and magazine covers indicated a market high.
In summary, this cycle lacks the extreme hype seen in previous cycles. If Peter is still alive when such hype occurs, he may announce that “Bitcoin has peaked” again. His insights have often proven accurate, and only time will tell if he is right once more.
Price Predictions for DOGE, XRP, and EIGEN
Recently, Carl provided insights on DOGE and XRP Coin. He warned that DOGE is moving towards its targeted support level and could drop to a $0.34 bottom. Following that, he expects DOGE to attempt a new rally towards $0.48.
For XRP Coin, he pointed out a descending wedge pattern, suggesting it could test $1.2. However, if it surpasses $1.4, XRP could rally to $1.65 and beyond.
The last analyst, Altcoin Sherpa, mentioned his position on EIGEN Coin, stating he had held it at a critical level. He expressed caution, indicating he might exit soon due to Bitcoin’s uncertain outlook.
If his concerns are justified, EIGEN Coin could drop to $2.61 after fluctuating between $2.75 and $2.9.