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Does Peter Brandt’s Christmas Wish Have a Hidden BTC Price Prediction?

source-logo  coinedition.com 23 December 2022 16:01, UTC

Peter L. Brandt, the CEO of Factor LLC and a seasoned trader, shared a Christmas wish tweet with a hidden bitcoin price prediction. The tweet has a Christmas tree with a star drawn on top of a Bitcoin chart.

That's it for me until next week. Merry Christmas.
Isaiah 9.6 pic.twitter.com/Mc4dptfaWE

— Peter Brandt (@PeterLBrandt) December 22, 2022

It is quite unclear what he meant by the “Christmas tree” on top of the Bitcoin chart. However, the tweet has definitely intrigued his 690.4K followers on Twitter.

A closer look at the chart gives us an idea of what he meant by the tree drawn on top of the chart. With the general consensus, it can be considered his Bitcoin price prediction. The base of the tree touches $9.6k, whereas the top of the tree touches $120k. Some of his followers got the idea from his tweet and made some comments.

One user wrote:

Merry Christmas, that means BTC it’s go down to 10k then we land on the star at 120k ATH.

However, one confusing thing about the chart is that there is a red arrow pointing at the date below the tree, which mentions the dates are from February 2022 to July 2022.

Nonetheless, the cryptocurrency market as a whole has been grappling with a prolonged bear market. At press time, Bitcoin is trading at $16,840 with no major movements over the last 24 hours. The king of cryptocurrencies is also down by 3.68% over the last seven days.

It is also unclear whether the crypto market has bottomed out already. With just eight days remaining before a new year begins, investors are hoping for a reversal in trend and a bull market in 2023.

coinedition.com