BlockBeats news, on October 15, famous trader and chart analyst Peter Brandt stated that Bitcoin may reclaim its historical high of $125,100 next week, but will experience a significant pullback before that. He also does not rule out the possibility of a more pessimistic market trend. “Perhaps it will fall below the parabolic support, and in the past, every time this happened, the price dropped by 75%. I believe the era of an 80% drop has ended, but it may return to $50,000 to $60,000.”
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