Peter Brandt: Bitcoin Should Break $ 40,000

Famous analyst Peter Brandt said, "Bitcoin should break $ 40,000." Brandt also shared his views on Tether. Bitcoin (BTC) price, which has recently been priced below $ 40,000, is having a hard time reaching the level it broke in the past weeks. Analyst Peter Brandt, who has become famous for his twelve hitting predictions on Bitcoin (BTC), says the leading cryptocurrency must break the $ 40,000 level to avoid a "more complex" correction. The successful analyst, on the other hand, is not thinking positively about Tether (USDT), the most popular and liquid USD-backed stablecoin.   If $ 40,000 Doesn't Break, There Could be a Major Correction Previously, JPMorgan analysts had made important predictions as Bitcoin tried to break the $ 40,000 level, warning that a major correction could occur if BTC failed to break that level. At the same point, a warning came from master analyst Peter Brandt. Peter Brandt said Bitcoin (BTC) had to burst from the $ 40,000 level to avoid a "more complex" correction. At the time of writing, the leading cryptocurrency Bitcoin (BTC) is trading at $ 36,957.   "No Tether For Me" Peter Brandt shared his assessment on the leading stablecoin Tether (USDT) as well as Bitcoin. The successful analyst explained why he believes the most liquid USD-backed stablecoin is not reliable. Stating that Tether (USDT) is not different from the fiat pumped by the FED and other central banks, Brandt said, "There is no USDT for me." Stating that using USDT for leverage in cryptocurrency exchanges can lead to bankruptcy, the analyst says the following about USDT: "Tether's USDT is airborne and not backed by anything. USDT is a pending accident and it's just a fiat currency."       Source: Kriptokoin.com