.PeterLBrandt says that he wouldn’t buy Ether with his enemy’s money
predicts that the price of Ether, the world’s second-largest cryptocurrency by market capitalization, could plunge to as low as $300.To underscore his extreme bearishness, Brandt said that he wouldn’t be buying the leading altcoin with his enemy’s money.
After a modest relief rally, ETH is now changing hands at $989 on Binance, but overall sentiment remains overwhelmingly bearish.The chief altcoin would have to decline another 69% from here in order to reach Brandt’s bearish price target. Brandt has clarified that he remains bullish on the price of Bitcoin in the long term. However, he harshly criticized those community members who choose to marry their investment instead of thinking rationally. “Crypto is a bad religion,” Brandt said.
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