Legendary trader Peter Brandt reveals the goals of the end of the year at the end of the year for the S&P 500, Bitcoin and ethereum
Veteran Petr Brandt believes that risk assets such as S&P 500, Bitcoin (BTC) and ETHEREUM (ETH) will witness much lower levels by the end of the year.
Starting with the US Securities Market, Brandt tells its 792500 followers on the X -X & P 500 platform that looks down after violating support at 5800 and re -testing the level as resistance.
Brandt Expected That S&P 500 will close the year just less than 4,500 points.
“The red points are the place where I think we end the year in 2025.”
As of the closure of Friday, the S&P 500 is traded at 5,282.
Looking at Bitcoin, Brandt Sees BTC fell to about $ 50,000 in the price area after violating a bonus that maintained Bitcoin up since 2023.
“It is not my opinion, but this is what the scheme suggests as possible.”
At the time of this report, Bitcoin is traded for $ 85,280.
Moving to Ethereum, Brandt expects that ETH will decrease to about $ 600 by the end of the year.
“ethusd”
At the time of this report, the ETH value is $ 1,616.
For gold, rolling He thinks The precious metal has more space to run to the upward trend this year. Participates as a scheme indicating that gold has separated from the style of an upward channel and may reach the prices of approximately $ 3,600.
An upward channel indicates that the origin is in a budget direction because it prints the highest highlands and its lowest levels. Channel channel indicates that the origin is in the midst of a strong rising market.
“Gold finger, market with magic touch.”
Gold value is 3327 dollars from the closure of Friday.
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Disclosure: The views expressed in Daily Hodl are not an investment advice. Investors must do due care before making any high -risk investments in bitcoin, cryptocurrency, or digital assets. Please note that your transfers and trading on your own responsibility, and any losses you may bear are your responsibility. Daily Hodl does not recommend buying or selling any encrypted currencies or digital assets, and Hodl Daily Andersor is an investment. Please note that the daily Hodl participates in dependent marketing.
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