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Bitcoin price predictionCoinGape
•65% Informative
Legendary trader Peter Brandt warned of a possible 75% Bitcoin price decline, citing historical patterns.
Brandt highlighted the concept of “market analogs,” pointing out that it has been 30 weeks since Bitcoin (BTC) reached its all-time high ( ATH ) whenever the BTC price failed to make a decisive new ATH within this timeframe, during the previous instances, it faced a significant decline of over 75% .
Spot Bitcoin ETFs have seen three consecutive days of outflows showing that institutional sentiment is waning in the wake of of rising US CPI for September .
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46
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34
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20
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English
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