Peter Brandt Warns of Potential 75% Bitcoin Decline if All-Time High Stays Out of Reach

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 […]

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Bitcoin.com

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October 12, 2024

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Peter Brandt Warns of Potential 75% Bitcoin Decline if All-Time High Stays Out of Reach

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 […]

Bitcoin.com

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October 12, 2024

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