|

Peter Brandt and “The World’s Highest IQ Man” Give Opposing Bitcoin Predictions

One determine represents a long time of buying and selling expertise. The different is labeled “the person with the best IQ on the planet” based mostly on standardized checks. What are their predictions for Bitcoin’s worth within the second week of December?

Interestingly, their views seem to conflict. Their reverse views spotlight how even these with distinctive expertise or intelligence can interpret the market in very other ways.

Peter Brandt – Bitcoin Is Retesting Before Returning to a Downtrend

Peter Brandt, a legendary dealer with a long time spent in commodity and fairness markets, is warning a few bleak situation for Bitcoin.

In his newest Bitcoin evaluation, he argues that BTC is retesting a broadening top pattern. This formation reveals rising highs and falling lows, usually signaling a weakening uptrend.

Bitcoin Price Prediction. Source: Peter Brandt

“This week’s rally could also be all of the retesting of the broadening high we’ll see BTC. Of course, we’ll see.” – Peter Brandt predicted.

Brandt has repeatedly warned about a dead cat bounce scenario for Bitcoin. His chart markings recommend that BTC would possibly push as high as $102,000 earlier than probably correcting towards $58,840 within the close to time period.

His perspective acts as a chilly reminder from previous cycles: the market doesn’t reward naïveté, and classical technical fashions stay dependable guides amid relentless volatility.

YoungHoon Kim – Manipulation Has Passed, and BTC Is Ready for a New ATH

In distinction, YoungHoon Kim — whose verified IQ score is 276 — views the scenario by way of the lens of sport principle.

In his newest evaluation, Kim argues that the present dip represents short-term manipulation by market whales. He believes it might fade inside every week. After that, Bitcoin might transfer towards a brand new all-time high.

Bull Theory, an X account centered on crypto evaluation, provides supporting evidence for Kim’s view.

Recent worth motion reveals Bitcoin dropping to $87,700 earlier than shortly rebounding to $91,200. This fast dump-and-pump sequence, accomplished inside 4 hours, displays typical low-liquidity weekend manipulation aimed toward wiping out each lengthy and brief leveraged positions.

Between the 2 views—one formed by a long time of technical sample mastery and the opposite based mostly on reasoning about crypto market habits—the reply might quickly grow to be clear through the second week of December.

These predictions emerge because the FOMC assembly approaches. Historical information shows a sample over the past two price cuts (September 17 and October 29):

  • Bitcoin tends to rise a couple of days earlier than the announcement,
  • Bounce barely proper after the choice,
  • And then drop sharply afterward.

The market might quickly reveal which outlook proves right.

The publish Peter Brandt and “The World’s Highest IQ Man” Give Opposing Bitcoin Predictions appeared first on BeInCrypto.

Similar Posts