Bitcoin Price Predicted to Reach New Highs But Potential Slump Remains

Crypto expert Peter Brandt predicts that Bitcoin could surge past its all-time high of $125,100 within the coming week, but cautions this will likely be followed by a correction. He notes a ‘major shakeout’ or a deviation from the historical parabola both offer possibilities for significant price changes. However, he believes the 80% decline risk has passed.