Bitcoin price potential is high, but concerns about inflation-adjusted terms and U.S. dollar impact
From Investing.com
September 23, 2024 3:30 PM:
Legendary trader Peter Brandt recently expressed excitement about Bitcoin, seeing potential for almost 520% growth against gold. Concerns arise as BTC remains below its 2021 high in inflation-adjusted terms, questioning the possibility of a complete reset. Bitcoin’s price rally is hindered by the U.S. dollar, requiring an estimated $78,000 to break November 2021 levels.
Read more at Investing.com: Bitcoin Price Has One Concern, Reveals Legendary Trader Peter Brandt By U.Today