Bitcoin's Correction Continues for Now, but Eventually It Could Go 'Parabolic,' Says Peter Brandt (CoinDesk)

Originally published at: https://www.channel-sea.cc/bitcoins-correction-continues-for-now-but-eventually-it-could-go-parabolic-says-peter-brandt-coindesk/

The recent crypto sell-off could be a mere dip within a long-term uptrend. That’s according to chartist Peter Brandt, CEO of Factor LLC, a research and trading firm. When asked what it would take for bitcoin (BTC) to get to $200,000, Brandt said, “I think it’s going to take a market that’s going to go…