Ethereum

2024

Bitcoin

Read

<figure>
 <figcaption>
 Cover image via <a href="https://u.today/" rel="noopener noreferrer nofollow">U.Today</a>
 </figcaption>
</figure>
Skilled trader <a href="https://u.today/peter-brandts-prediction-of-new-bnb-all-time-high-comes-true-details" rel="noopener noreferrer nofollow">Peter Brandt</a>, who has been in the business since 1975, has commented on the historic Bitcoin price surge over the $100,000 price level today. The savvy trader admitted he did not understand what all the excitement was about, adding that $100,000 for Bitcoin for him is “just another number.”
What is more, Brandt referred to the massive new moonstone as “a big yawner,” saying that he “did not understand the big deal of $100,000.” Brandt did not explain his attitude to BTC’s new record high. He has always been favorable toward Bitcoin compared to other cryptocurrencies, such as Ethereum or XRP. Many times, he has trashed ETH versus BTC. Recently, Brandt also hinted in a tweet that he does not expect Bitcoin to stop at $100,000.
<blockquote class="twitter-tweet">
 Bitcoin $100,000 <a href="https://twitter.com/search?q=%24BTC&amp;src=ctag&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">$BTC</a>Just another numberA big yawner IMOI did not understand the big deal of 100,000 <a href="https://t.co/MNF4aq4NOf" rel="noopener noreferrer nofollow">pic.twitter.com/MNF4aq4NOf</a>— Peter Brandt (@PeterLBrandt) <a href="https://twitter.com/PeterLBrandt/status/1864635173821641106?ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">December 5, 2024</a>
</blockquote>
The Bitcoin community eagerly responded to Brandt’s tweet, and many stated that $100,000 is related to the importance of “round numbers” and “human psychology.” Some just said, “It means you can sell 1 BTC for 100,000 US Dollars. Pretty wild.”
<h2 id="bitcoin-influencers-react-to-new-ath">Bitcoin influencers react to new ATH</h2>
Bitcoin skyrocketed by approximately 9.31% over the past 24 hours, soaring from $94,835 to the above-mentioned all-time high, crossing $100,000 for the first time in its history.
However, many other cryptocurrency experts - mostly investors, though, not traders, including Anthony Pompliano and Robert Kiyosaki - have underscored the importance of Bitcoin breaking through that historic resistance level and the biggest sell wall in history.
Pompliano, founder of the Pomp Investments fund, believes that this was an important psychological level, by crossing which Bitcoin will begin to attract skeptic boomers, who will begin buying BTC just in case, to make sure they have not missed out on a big opportunity.
Founder and former CEO of the Binance exchange Changpeng Zhao (CZ) tweeted that unlike many others, he did not make a lot of money on this Bitcoin price surge since the number of Bitcoins he holds has remained the same recently. Apparently he was hinting that he did not buy any more BTC on the dip this year.
JAN3 boss Samson Mow has reaffirmed his earlier prediction that <a href="https://u.today/bitcoin-advocate-samson-mow-confirms-1-million-btc-price-target" rel="noopener noreferrer nofollow">Bitcoin will surge to $1 million</a> per coin after hitting $100,000. In a recent tweet, he suggested that Bitcoiners should once again add “laser eyes” to their avatars until BTC reaches $1 million. <a href="https://u.today/legendary-trader-peter-brandt-on-bitcoin-100000-i-didnt-understand-the-big-deal" rel="noopener noreferrer nofollow">Read original article on U.Today</a>

Legendary Trader Peter Brandt on Bitcoin $100,000: 'I Didn't Understand The Big Deal’

Table of Contents

U_Today

Other articles published on Dec 5, 2024

Dogecoin Millionaires Diversify into Propichain, Anticipating 10,000x Growth Potential

Bitcoin Hits $100,000 ATH : The Power of Crypto and Why Fasst (FAS) Is the Next Wave

Best Meme Coins with 100x Potential: BTFD Coin Presale Smashes Into 7th Stage While Dogecoin and ...

Analyst Now Predicts Shiba Inu Could Rise To $0.00006937

Holyheld Raises Funding to Launch Blockchain Reconciliation and Remittance Record

Bitcoin breaks $100k amid historical bull run

Join our free newsletter for daily crypto updates!