Peter Brandt Predicts 75% Bitcoin Drop, Sparks Market Uncertainty

Veteran trader Peter Brandt has issued a stark warning about Bitcoin’s future price trajectory, predicting a potential 75% drop if current market patterns persist. His analysis, rooted in historical crashes and chart patterns reminiscent of the 2022 downturn, highlights the risks associated with Bitcoin’s current state. While some institutional investors remain cautiously optimistic, Brandt’s commentary has stirred significant market uncertainty. Institutional investments, including notable purchases from companies like GameStop and Mercurity Fintech, further underscore this unease.