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

Quick Summary:

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%.

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Article Details

Author / Journalist: Kevin Helms

Category: Crypto

Markets: Japan

Topics: Markets and Prices Peter Brandt Bitcoin halving Cryptocurrency BTC Bitcoin trends Crypto Bitcoin decline Bitcoin Market analogs Crypto market risks Bitcoin ATH Bitcoin price prediction

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-10-12 @ 02:30:18 (11 hours ago)

News Timezone: GMT +8:00

News Source URL: news.bitcoin.com

Language: English

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Bitcoin News

News ID: 23003996

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About Bitcoin News

Main Topics: Crypto

Official Website: news.bitcoin.com

Update Frequency: 16 posts per day

Year Established: 2008

Headquarters: Japan

News Last Updated: 9 hours ago

Coverage Areas: Japan

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Worldwide

News Language: English

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API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #62

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