Experienced trader Peter Brandt, who has been active since 1975, talked about Bitcoin this time in his statement.
During the Bitcoin rally, of which we, as Bitcoinsistemi.com, reported all the details, the BTC price reached the limit of 38,000 dollars.
Brandt began his statement by saying he was aware that he might attract backlash for presenting an unpopular opinion.
The analyst stated that many members of the generation born between 1981 and 2012, called Generation Z and Generation M, believe that cryptocurrencies will completely overthrow existing economic systems and establish a completely new system. However, the analyst said that in his opinion, this idea is a dream that will never come true.
According to the analyst, cryptocurrencies are not the thing that will fix the economic flaws that currently exist in the world. However, Brandt said that the largest asset in his portfolio is Bitcoin and that he still thinks this way.
However, the analyst added that he believes that BTC will become a leading store of value, similar to gold, in the future, and perhaps it can become the largest store of value.
*This is not investment advice.