Peter Brandt Warns of Potential 75% Bitcoin Decline if All-Time High Stays Out of Reach
Peter Brandt, a well-known trader and chartist, has warned bitcoin investors about troubling market patterns. He highlighted that BTC has gone 30 weeks without a new all-time high, historically leading to severe declines of up to 75%. While Brandt remains optimistic, forecasting a bitcoin price of $135,000 by late 2025, he cautions that a close […]
Go to Source
Author: Kevin Helms
Related posts:
- Finder’s Experts Predict Bitcoin to Peak at $29K in 2023, But Forecast a Low of $13K
- Peter Brandt Anticipates Bullish Move for Bitcoin, Says ‘Bears Are Trapped’
- Veteran Trader Peter Brandt Identifies Bitcoin’s Down Channel Pattern
- Bitwise Sees ‘Raging’ Bitcoin Bull Market — Expects April Halving to Be ‘the Most Impactful We’ve Seen”