Peter Brandt Warns of Potential Bitcoin Selloff, With a Key Condition
Author: Content Editor
Bitcoin is nearing the $100K mark, leading to discussions about a potential market correction. Trader Peter Brandt believes investors may sell their Bitcoin holdings below $100K in anticipation of a correction that may not happen. This sentiment is supported by comments from analysts who highlight a possible sell-off at $100K. Despite these concerns, Brandt remains optimistic about Bitcoin's long-term prospects and predicts it could surpass $120K. Other experts point to historical patterns and project Bitcoin to peak between $173K and $461K by 2025. Overall, market confidence in Bitcoin remains strong due to its consistent performance and growing institutional interest.