Peter Brandt Exits Bitcoin and Stocks, Turns to U.S. Dollar

Peter Brandt Exits Bitcoin and Stocks, Turns to U.S. Dollar

Gate Trade News Friday, September 4, 2020 161 1

In his latest tweet, commodity trading veteran Peter Brandt claims that he has already exited stocks, Forex, and Bitcoin holdings that constituted his portfolio and turned to the U.S. dollar.

 

Notably, the prominent chartist cashed out right on the verge of the all-round market crash:     

 

Personally I exited almost all my portfolio in last two days (stocks, forex, BTC), so in process moved assets back into home currency USD.

 

On Sept. 3, Bitcoin suffered another significant drop, plunging to an intraday low of $10,455 on the Bitstamp exchange. Increasing exchange inflows and the strengthening U.S. dollar contributed to the painful BTC plunge.