Peter Brandt & Eric Krown predict Bitcoin’s upcoming movements, give tips on how to survive a bear market, and answer the most important question of our modern era – is Bitcoin going to $100k or to $0? Welcome to this week’s Crypto Duel.
(P.S. – Be sure to watch to the end!)
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Key moments in the video:
0:12 – Will Bitcoin end up somewhere in the 6-7k range?
5:54 – Will Bitcoin continue to chop sideways?
8:00 – How do you prepare for market drops?
11:39 – Are we in a bear market? How do we survive?
13:32 – Is holding a better strategy than trading?
16:32 – Is Bitcoin going to $100k or is it going to $0?
19:06 – Where are you allocating your portfolios?
20:41 – Peter’s & Erik’s thoughts on modern technical analysis.
TLDR[W]; (show notes)
1.Basics on TA a tried and true..
2.Anticipate the near term, understanding you may not get it right.
3. Being a bear, being a bull depends on your personal definitions. Long term MA are safe and get it right.
4. Validity and security in the space is exemplified by CMEs, BAKT, and CME options (coming). The major market players wouldn't get into the space if they didn't agree this is a long term prospect.
5. BTC 0$USD versus 100K$USD the risk reward favors the bold. 100K may not be imminent but it IS in the 'cards.'
Disclaimer: I am a big fan of both of these (IMO) legends.
This is good , everybody is negative.
Cave member checking in.
Krong hair lookin real bullish
A great interview. Thanks. I’m bullish long yet
I think some people were making 100k predictions on Twitter. I'd like to know when the time frame is for that prediction.
Great video and 2 great guest
So much info and understanding with these two guys. Krown it pretty good too ?
Two Legends!!!
It's highly unlikely Bitcoin will hit $0 within the next decade. Highly. I'm going purely off intuition obviously but I estimate that likelihood at less than 3%. Simply look at the vast momentum – we have lots of data basically shouting "Bitcoin will probably continue as the top coin. Crypto will probably be here a long time. Crypto will probably keep growing while it's here." So..I think that traders and crypto media, in attempting to appear like they're giving impartial advice, give way too much credence to the possibility of Bitcoin failing. The media would do us a favor if they spent more time musing on HOW Bitcoin could fail. What are all the possible catastrophes? This video posits one possibility: quantum computing rendering crypto less secure. Okay, great point. So then what do we think the likelihood is of a) quantum computing maturing to that point within the next 10 years, + b) Crypto not maturing fast enough to combat that? What are some other possibilities? Not sure how my tone is coming across here but I am not at all annoyed. Want to create more discussion around the topic of "What are all the ways Bitcoin might fail?" Hard to think about "what ifs" but if Cointelegraph revisited this topic once in awhile, it would certainly distinguish itself from all the other crypto media. 🙂
Two amazing traders!
Two great guys! awesome interview ?
Everybody does what "the charts tell them" but who is painting the charts? Are they honest with you or lying their asses off?
Thank you Master (you know your name already)…
I know other traders that shows low can be in already… me 🙂 hahaha
Not if, when!
Thanks again for having me on Cointelegraph, really enjoyed this convo with Mr. Brandt!
I’m totally Gay4TA
Eric Crown (who is 'Krown's Crypto Cave' on YouTube) and Peter Brandt were both phenomenal with this interview. Bridging a generation gap is not what I see…I see two men that are professional traders who agree more than disagree on the discussion at hand. The mutual respect was apparent. The trading styles of each are different, but their philosophy and psychology of trading are similar… prepare, plan, patience. Very nice…
The question should be: Will Bitcoin hit $100 million; 1 satoshi will be worth $1. Remember in 2009 when 1BTC was below 1cent. Some of us needed 10 000 BTC to afford a pizza….Where are we now 10 years later?!
The question should be: Will Bitcoin hit $100 million; 1 satoshi will be worth $1. Remember in 2009 when 1BTC was below 1cent. Some of us needed 10 000 BTC to afford a pizza….Where are we now 10 years later?!
I'm missing trading costs versus holding, at what levels and how does trading make sense in this market?
see you at 3800
Go bros ?? Eric combed his hair for Peter. How sweet ? Shows respect. Traders bond hehehe.
they love each other and i love both of them
its just beautiful
great discussion lads!
Great video, consisting of two professionals, bridging an inter-generational gap… beautiful!
nice
Krown ?
These guys both could be wrong as fuck and we easily hit 12-16k by Dec end of this year.
Krown is the best trader on the internets! The god of dildos!