u.today
Legendary commodity trader Peter Brandt is known to be a Bitcoin supporter, who occasionally tweets on other altcoins, like XRP, etc.
This time, he has taken to Twitter to share a chart on Cardano’s native coin ADA.
“pump pump pump ADA”
Peter Brandt posted a driver with a tyre that apparently has gone slightly flat and needs to be pumped. The second image posted in the tweet is an ADA/USD chart, on which the seven major crypto currency from Cardano is trading sideways, making attempts to rise but then dropping again.
Brandt’s comment as he replied to a question from a follower whether this should be considered bullish or bearish, says that these rectangles tend to have a continuation in the biggest number of cases.
“Bitcoin could become next Yahoo or MySpace”
As reported by U.Today on Thursday, savvy trader Brandt did what some influencers have already mentioned in the past – Bitcoin might not be the best crypto currency as this space is moving forward and developing fast.
In the same way as Google eventually surpassed Yahoo and Facebook left MySpace behind, Bitcoin may see a new tech go further that it, Peter Brandt assumes.
Brandt expects XRP to reach a new ATH
Earlier, he also assumed that the embattled XRP may surge to a new all-time high soon as it gradually scores legal victories against the “aggressor” – US SEC regulatory agency – in the lawsuit started in late December 2020.