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No $200K Bitcoin? Popular Trader Explains Why It’s Unlikely This Decade

NewsBTC LogoNewsBTC6d ago

No $200K Bitcoin? Popular Trader Explains Why It’s Unlikely This Decade - NewsBTC

Quick Summary:

No interest in non- ☑️replies pic.twitter.com/7a5N7Gliw8 — Peter Brandt (@PeterLBrandt) February 14, 2025 The Average True Range (ATR) of 8,988 and the Average Directional Index (ADI) of 40.75, which both support a strong trend, show increased volatility in the current market conditions.

From the world of crazy ideas comes this thought – a thought, not a trade Unless Bitcoin has escape velocity through upper parabolic resistance line it’s very unlikely that BTC will be trading above $200k at the end of this decade.Only☑️can reply.

Related Reading: Cardano Price Balloons 107% As Whales Scoop Up 1.41 Billion ADA Support And Resistance: The Drawing Of Battle Lines The future of Bitcoin is contingent upon critical price levels that could determine its fate.


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Article Details

Author / Journalist: Christian Encila

Category: Crypto

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-02-15 @ 17:00:29 (6 days ago)

News Timezone: GMT +8:00

News Source URL: newsbtc.com

Language: English

Article Length: 439 words

Reading Time: 3 minutes read

Sentences: 77 lines

Sentence Length: 6 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © NewsBTC

News ID: 26174167

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About NewsBTC

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Main Topics: Crypto

Official Website: newsbtc.com

Update Frequency: 10 posts per day

Year Established: 2013

Headquarters: United Kingdom

News Last Updated: 10 hours ago

Coverage Areas: United Kingdom

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Worldwide

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #102

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