Trader Peter Brandt: Bitcoin Could Drop 75% If It Fails to Reach All-Time High

Renowned trader and chart analyst Peter Brandt has warned Bitcoin investors of potential downside risks, citing market trends that suggest possible price declines. He noted that Bitcoin has failed to hit a new all-time high for 30 consecutive weeks, and historically, similar patterns have often led to a price drop of more than 75%.

Brandt remains optimistic, forecasting that Bitcoin could reach $135,000 by August or September 2025. However, he cautioned that if Bitcoin falls below $48,000, his analysis would no longer hold, and a reassessment of the market would be necessary.

Brandt also emphasized that Bitcoin’s significant price surges typically occur in the latter half of its four-year halving cycle.