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A Veteran Trader Set Bitcoin A $100,000 Target In Market 'Like No Other'

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A Veteran Trader Set Bitcoin A $100,000 Target In Market 'Like No Other' (Credit: pixabay) A Veteran Trader Set Bitcoin A $100,000 Target In Market 'Like No Other'
June 28
3:15 PM 2019

Bitcoin has been on a tear lately, powering above the $10,000 mark last weekend just under two months after crossing the $5,000 level and causing analysts and investors to ask whether this time really could be different.

The bitcoin price gained a further 5% over the last 24-hour trading period, hitting $11,350 per bitcoin on the Luxembourg-based Bitstamp exchange, and pushing the wider cryptocurrency market higher.

Now, 72-year-old veteran trader Peter Brandt, who made a name for himself by predicting bitcoin's incoming bear market in January 2018, has said bitcoin is taking "aim" at $100,000  and described the bitcoin market as "like no other".

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