Crypto Flexs
  • DIRECTORY
  • CRYPTO
    • ETHEREUM
    • BITCOIN
    • ALTCOIN
  • BLOCKCHAIN
  • EXCHANGE
  • TRADING
  • SUBMIT
Crypto Flexs
  • DIRECTORY
  • CRYPTO
    • ETHEREUM
    • BITCOIN
    • ALTCOIN
  • BLOCKCHAIN
  • EXCHANGE
  • TRADING
  • SUBMIT
Crypto Flexs
Home»TRADING NEWS»Seasoned trader Peter Brandt challenges the Bitcoin halving hype, calling it ‘a ton of excitement over nothing.’
TRADING NEWS

Seasoned trader Peter Brandt challenges the Bitcoin halving hype, calling it ‘a ton of excitement over nothing.’

By Crypto FlexsDecember 21, 20233 Mins Read
Facebook Twitter Pinterest LinkedIn Tumblr Email
Seasoned trader Peter Brandt challenges the Bitcoin halving hype, calling it ‘a ton of excitement over nothing.’
Share
Facebook Twitter LinkedIn Pinterest Email

Lately, seasoned financial analyst and trader Peter Brandt has been speaking increasingly on cryptocurrency assets, with a particular focus on Bitcoin and Ethereum. On December 21, 2023, Brandt reaffirmed his position on the Bitcoin rewards halving scheduled for April 2024. He argues that halving is overly sensationalized and will only have a temporary effect on the price of Bitcoin.

Veteran trader Peter Brandt dismissed the Bitcoin halving buzz as overblown frenzy.

At the end of July 2023, Peter Brandt had already communicated his views, dismissing the upcoming Bitcoin ​​halving as an unimportant “non-event”. He reiterated this view on Thursday when he issued a statement on the halving incident via X (formerly Twitter).

“The Bitcoin halving hype is a lot of excitement about nothing.” Posted by Brandt. Sure, cutting the hype in half may have a temporary price impact, but reducing supply by % of daily volume is the size of a mosquito.”

Brandt’s latest insight follows his X post on the Ethereum (ETH) selloff, followed by analysis of Bitcoin (BTC). “It is interesting to note that ETH has lost 36% of its value compared to BTC in 2023,” Brandt noted on Wednesday.

The next day, he addressed the views of some analysts who believe BTC is “severely overbought.” But Brandt emphasized that the 30-day Relative Strength Index (RSI) is “currently at the sweet spot where previous bull markets have significantly accelerated the rise.”

Following Brandt’s comments about half-life, several individuals reacted. “As I said before, the upcoming halving event is likely to have (a) psychological impact rather than an actual economic impact since most of the tokens already exist,” said YouTuber Colin Talks Crypto. This is why price volatility decreases over the long term.”

Another commentator said that Bitcoin’s movements with economic cycles, like other assets, are not coincidental, contrary to what Bitcoin maximalists believe. Looking ahead, Bitcoin faces its fourth halving event, expected in March or April 2024. With less than 18,000 blocks left until the halving, the block reward will be reduced from 6.25 BTC to 3.125 BTC per block.

Historically, Bitcoin prices have generally risen in anticipation of the past three halvings. These upward price trends prior to halvings have historically generated significant interest and speculation within the cryptocurrency community. As the fourth halving approaches, the market’s response remains a focus of anticipation and debate among investors and analysts.

What do you think about Peter Brandt’s comments regarding the upcoming Bitcoin halving? Share your thoughts and opinions on this topic in the comments section below.

Source: Bitcoin.com

Cryptocurrency Investment Risk Warning

Cryptocurrency assets are highly volatile. Your capital is at risk.
Do not invest unless you are prepared to lose all your money.
This is a high-risk investment and you should not expect to be protected if something goes wrong.

Read full disclaimer

like this:

good night Loading…

Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

Related Posts

Why Bitcoin Could Rally Up to 21% This Week: Expert Explains

October 12, 2025

Ethereum price plunge creates opportunity for 13% rebound

October 11, 2025

Strengthening the AI ​​Agent Economy

October 10, 2025
Add A Comment

Comments are closed.

Recent Posts

Cardano (ADA) Faces Selling Pressure – Is This the Start of a Trend?

October 12, 2025

Why Bitcoin Could Rally Up to 21% This Week: Expert Explains

October 12, 2025

Pepeto Advances Presale With Staking Rewards And Live Exchange Demo

October 11, 2025

Foundry vs Echidna vs Wake: Fuzz Reduction Comparison

October 11, 2025

Phemex Launches Market Confidence Campaign To Support Traders Through Volatility

October 11, 2025

How SJMine Transforms Daily Crypto News Into Passive Profits

October 11, 2025

Ethereum price plunge creates opportunity for 13% rebound

October 11, 2025

Eightco Holdings Inc. ($ORBS) Expands Its Strategic Vision Into The Enterprise

October 10, 2025

Whale.io Launches Battlepass Season 3, Featuring $77,000 In Crypto Casino Rewards

October 10, 2025

Strengthening the AI ​​Agent Economy

October 10, 2025

‘OG’ Whale Attracts Over $400 Million in Bearish BTC Bet

October 10, 2025

Crypto Flexs is a Professional Cryptocurrency News Platform. Here we will provide you only interesting content, which you will like very much. We’re dedicated to providing you the best of Cryptocurrency. We hope you enjoy our Cryptocurrency News as much as we enjoy offering them to you.

Contact Us : Partner(@)Cryptoflexs.com

Top Insights

Cardano (ADA) Faces Selling Pressure – Is This the Start of a Trend?

October 12, 2025

Why Bitcoin Could Rally Up to 21% This Week: Expert Explains

October 12, 2025

Pepeto Advances Presale With Staking Rewards And Live Exchange Demo

October 11, 2025
Most Popular

The world’s best encryption exchange through trading volume has announced the upcoming support for consumer -oriented Altcoin in Binance Alpha.

May 24, 2025

The role of blockchain in the game: Play-to-EARN and beyond that

March 14, 2025

Terra Luna Classic Loses BtcTurk Listings After Disastrous Hack

June 25, 2024
  • Home
  • About Us
  • Contact Us
  • Disclaimer
  • Privacy Policy
  • Terms and Conditions
© 2025 Crypto Flexs

Type above and press Enter to search. Press Esc to cancel.