Experienced trader Peter Brandt remains skeptical about Bitcoin's prospects, suggesting that it may not surpass $200,000 before the end of the decade due to technical barriers. He highlights that Bitcoin must sustain a strong upward push to overcome resistance levels and that projections of exceeding $200K might be overly optimistic. Brandt's chart analysis shows Bitcoin's price behavior dating back to 2012, with multiple parabolic surges ending in sharp corrections. Bitcoin is currently facing resistance near a key level and needs to break through its parabolic trajectory to sustain its rise. A support zone exists between $60K and $70K, while a more extreme scenario could see Bitcoin revisit the lower boundary of its long-term channel.



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