Experienced trader: Bitcoin may hit ATH next week, but there will be a significant pullback before that.

On October 15, renowned trader and chart analyst Peter Brandt stated that Bitcoin may regain its historical high of $125,100 next week, but will first undergo a significant pullback. At the same time, he does not rule out a more pessimistic market trend. "It might break the parabolic support, and every time this has happened in the past, prices have fallen by 75%. I believe the era of an 80% drop is over, but it may return to $50,000 to $60,000."

BTC0.35%
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