Peter Brandt, the most followed trader on Twitter, was feeling extra generous this week. The veteran analyst made his Bitcoin Live Crypto report available at no cost. In this particular presentation, Brandt reveals that he is long-term bullish on the top cryptocurrency. He believes that bitcoin will eventually climb to $100,000 or even possibly higher.
That’s because the number one cryptocurrency is in a historic bull trend. Brandt emphasized that bitcoin has been printing a series of higher highs and higher lows since its inception. The trader mentioned that he also believes in the fundamentals of the cryptocurrency.
To ascend to $100,000, the trader shares two possible scenarios. The first one involves a massive bull capitulation to $5,000 levels. The second scenario sees whales accumulating at current levels to prepare the market for a moonshot above the all-time high of $20,000.