Peter Brandt: Is Bitcoin’s Cycle Top Already Passed?

Veteran trader Peter Brandt believes the peak of Bitcoin’s cycle may have already occurred, sparking significant debate among market participants and analysts. His prediction, suggesting a 30% chance of a completed top, has ignited discussions about potential market retracement. While Brandt forecasts a possible decline to $60,000-$70,000 before a rally in price, other experts have offered varied timelines for Bitcoin’s peak. This uncertainty adds to the complexity of navigating market directions as investors and analysts alike grapple with this pivotal question.