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Peter Brandt Warns Bitcoin's Parabolic Trend Has Broken, Price Could Drop to $25,240

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$88,301.500.05%
Renowned commodities trader Peter Brandt has warned that Bitcoin’s bullish trend has broken, signaling a potential bearish trend ahead. He estimates the price could fall to $25,240. Brandt notes that Bitcoin’s bull cycle returns are declining rapidly, and historical data shows such trend breaks often lead to over 80% price declines. The current move raises concerns about Bitcoin losing most of its historical gains.
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