Veteran trader Peter Brandt suggests that Bitcoin may experience another "dump" or period of range-bound trading before a large rally. He believes that markets do not turn sour until retail traders lose patience. This comes after a sharp decline in crypto markets, with Bitcoin dropping from nearly $102,735 to $91,187. Despite some rebound, Bitcoin analyst Willy Woo warns of further profit-taking in the near term and advises caution in the coming months.
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