Expert warning about Bitcoin's potential drop below $80,000. Learn more about the analysis and predictions by Peter Brandt.
Peter Brandt, a well-known and experienced financial markets analyst and trader, has warned investors that Bitcoin is showing significant bearish signals. Brandt announced on the X platform that a head and shoulders pattern is forming in the Bitcoin chart, which could potentially drive the price down to $78,000. He also mentioned that this pattern may resemble the one from a few years ago that occurred before reaching a new peak.