BlockBeats News, January 11 — Regarding Tom Lee’s public prediction last November that Bitcoin would rise to $200,000 within 50 days, renowned trader and chart analyst Peter Brandt stated, “I don’t trust anyone obsessed with their position. I trust my process (decision-making process). I have no confidence in any specific trade or opinion.”
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to
Disclaimer.
Related Articles
CoinShares: Bitcoin mining companies' mining costs are projected to rise to $79,995 by Q4 2025 and are currently facing profitability pressure.
CoinShares reports that Bitcoin miners are under profit and loss pressure, with mining costs rising to approximately $79,995 in 2025, while hash rate prices continue to decline. Mining companies are accelerating their shift toward AI, and it is expected that by the end of the year, revenue from AI will account for 70%. If Bitcoin's price rebounds to $100,000, hash rate prices are likely to recover.
BlockBeatNews7m ago
The risk of a US recession is nearly 50% — Will Bitcoin repeat its 2020 rally?
The essay analyzes Bitcoin's potential response to a looming U.S. recession in 2026, considering its historical resilience post-2020 crash. It discusses the relationship between oil prices, inflation, and recession risks, and presents two scenarios for Bitcoin's future performance amid economic downturns.
TapChiBitcoin18m ago
Brazilian legislation passes to include seized cryptocurrencies into the "Public Safety Fund," while simultaneously expanding law enforcement and freezing powers.
Brazilian President Lula signed Law No. 15,358, incorporating seized cryptocurrencies into public safety funds for upgrading security and law enforcement training. The new law expands law enforcement powers, allowing asset freezes of suspects and imposing permanent bans on convicted individuals, strengthening efforts against transnational crime and money laundering. This move signifies Brazil's recognition of digital assets as an important law enforcement resource.
動區BlockTempo23m ago
Marathon Digital, the world's largest Bitcoin miner, makes a major policy shift: starting in 2026, they will allow the sale of Bitcoin on their balance sheet.
Marathon Digital, the world's largest Bitcoin miner, announced that starting in 2026, it will change its treasury policy. The company will not only sell Bitcoin earned from mining but also sell long-term held Bitcoin to meet market demand. This strategic shift reflects how miners are adjusting their financial strategies amid market volatility and cost pressures to maintain flexibility. In 2025, the company recorded significant losses, and mining output declined, but hash rate continued to expand.
ChainNewsAbmedia24m ago
