Legendary Trader Peter Brandt Unveils End-of-Year Downside Price Targets for S&P 500, Bitcoin and Ethereum
3 Articles
3 Articles
Market Veteran Peter Brandt Warns of Ethereum $800 Price Descent
A prominent voice in the world of financial analysis, Peter Brandt—a seasoned commodity trader whose career spans decades back to the 1970s—has sent ripples of unease through the cryptocurrency markets with a newly released forecast. Via a recent social media communiqué, Brandt articulated a potentially steep downward trajectory for Ethereum, the second-largest digital asset, suggesting a possible plunge back to its $800 price floor established …
Could the S&P 500 Be en Route to 4,500? - Finnoexpert
This week won’t have much on the economic calendar, with the S&P Global Flash the lone standout data point. Government auctions will draw more attention. While recent debt issuances at the long end of the curve have gone well, the real test will be in the belly of the curve, with the , , and auctions scheduled this week. One reason for the increased attention is that yields in the belly of the curve are significantly lower than they were just a …
Legendary Trader Peter Brandt Unveils End-of-Year Downside Price Targets for S&P 500, Bitcoin and Ethereum
Veteran trader Peter Brandt believes that risk assets such as the S&P 500, Bitcoin (BTC) and Ethereum (ETH) will see much lower levels by the end of the year. Starting with the US stock market, Brandt tells his 792,500 followers on the social media platform X that the S&P 500 looks bearish after breaching support at 5,800 and retesting the level as resistance. Brandt predicts that the S&P 500 will close the year slightly below 4,500 points. “The…
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