Veteran commodities trader Peter Brandt has issued a warning that Bitcoin's parabolic bullish trend has broken, suggesting a potential downturn. Brandt predicts that Bitcoin's price could fall to $25,240, highlighting that the cryptocurrency's bull cycle returns are diminishing rapidly. He points to historical data indicating that such trend breaks have previously led to price declines exceeding 80%, raising concerns about Bitcoin potentially losing a significant portion of its historical gains.
Peter Brandt Warns of Potential Bitcoin Price Drop to $25,240
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