The post Bitcoin May See Another Plunge Before ATHs: Peter Brandt appeared on BitcoinEthereumNews.com.

Bitcoin could reclaim its all-time high of $125,100 in the coming week, but not without one more major correction, according to veteran trader Peter Brandt. “Either a huge shakeout, which would be confirmed by an ATH quickly within the next week or so,” he said, though he acknowledged there could also be a much more bearish outcome.  “Or a violation of the parabola, which every time in the past has produced a 75% price decline. I think the day of the 80% decline is over, but perhaps back to $50-60,000 and test the lower skin of the banana.” Traders need to consider “long-term risk,” says analyst The crypto market crashed on Friday after US President Donald Trump’s announcement of a 100% tariff on Chinese goods, resulting in over $19 billion in liquidations across the market. After dropping from around $121,000 to as low as $102,000 on Friday, Bitcoin (BTC) has rebounded to approximately $112,400 at the time of publication, according to CoinMarketCap. “If anything, this weekend was a reminder you have to be so careful with leverage, and even multiples above 1.5x are dangerous,” Capriole Investments founder Charles Edwards told Cointelegraph. “They do, and you need to always consider multi-year, long-term risk,” he said. He said the weekend’s volatility is temporary, and described his outlook for the coming weeks as simply “up.”  Bitcoin has declined by 7.51% over the past seven days. Source: CoinMarketCap Other analysts remain optimistic, citing broader macroeconomic signals as indications that fresh capital could flow into the cryptocurrency market in the coming weeks. “Buy everything,” says BitMEX co-founder Arthur Hayes BitMEX co-founder Arthur Hayes said in an X post on Tuesday that a buying opportunity may be presenting itself in the crypto market after US Federal Reserve Chair Jerome Powell signaled that quantitative tightening “is over.” …

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Filed under: News - @ October 15, 2025 8:29 pm