Legendary Trader Peter Brandt Warns Bitcoin Price Meltdown Incoming – Here’s His Forecast

A veteran dealer who precisely referred to as Bitcoin’s 2018 crash simply issued a dire warning to crypto merchants.

Peter Brandt is sharing a chart on X that highlights key resistance for BTC at round $102,300.

Brant believes Bitcoin stays in a bearish downward-sloping channel, and bulls are going to really feel far more ache until consumers step in strongly.

In the event that they don’t, he warns a 33% to 37% worth drop is incoming.

“$58,000 to $62,000 is the place I believe it’s going. If it doesn’t go there I’ll NOT be ashamed, so I don’t have to see you trolls display screen shot this sooner or later.

I’m flawed 50% of the time. It doesn’t hassle me to be flawed.”

Bitcoin is priced at $92,683 at time of publishing, down 0.21% within the final 24 hours.

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