Bitcoin to be worth 100 oz of gold, says veteran trader Peter Brandt
Brandt claimed that BTC’s price would fluctuate over the next 12 to 18 months before finally surging 230% against gold.
Seasoned trader Peter Brandt recently issued a price prediction for Bitcoin (BTC), claiming that the decentralized digital asset would surge 230% against gold.
Brandt claimed that the ratio of gold to BTC would fluctuate for the next 12 to 18 months before finally climbing to a new height of 100 oz. of gold per BTC.
While it remains to be seen if Brandt’s prediction will be proven true, a comparison of the price history of BTC and gold suggests that his comments are not baseless or unrealistic.
Brandt claimed that BTC’s price would fluctuate over the next 12 to 18 months before finally surging 230% against gold.
Seasoned trader Peter Brandt recently issued a price prediction for Bitcoin (BTC), claiming that the decentralized digital asset would surge 230% against gold.Brandt claimed that the ratio of gold to BTC would fluctuate for the next 12 to 18 months before finally climbing to a new height of 100 oz. of gold per BTC. While it remains to be seen if Brandt’s prediction will be proven true, a comparison of the price history of BTC and gold suggests that his comments are not baseless or unrealistic.Read more