![Bitcoin [BTC] Price Cycles Replicated Until Now, $50000 Target Predicted by Peter Brandt - Coingape](https://cdn.coingape.com/wp-content/uploads/2019/04/03153956/bitcoin-market1-e1554286211141.png)
The majority of crypto traders have also confirmed bottom on Bitcoin according to their independent analysis. The bears which started placing short orders at $4000 have been eagerly waiting for a correction. However, Bitcoin's rise of about 50% from then has had many shorts liquidated or closed at a loss. AuthorNivesh RustgiPublisher NameCoinGapePublisher Logo
- bitcoin
- btc
- crypto trader
- Jake Canfield
- Peter Brandt
- price analysis
- price cycle
- Ran NeuNer
PreviousBitcoin Gains Over 100% From its Low, Dominance Exceeds 60%
NextCrypto-Market Update: $200 Bn MCap Target Set As Alts LTC, XMR and BAT Rise With Bitcoin [BTC]
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Published @ May 10, 2019
![Bitcoin [BTC] Price Cycles Replicated Until Now, $50000 Target Predicted by Peter Brandt - Coingape](https://cdn.coingape.com/wp-content/uploads/2019/04/03153956/bitcoin-market1-e1554286211141.png)
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