Market veteran Brandt warned of a possible deep correction for BTC

Peter Brandt does not rule out a drop in bitcoin to $40,000, although he considers a decrease to around $58,000 as the main scenario.

After this, according to his forecast, the price will continue a long-term bullish trend and head towards new highs.

$BTC

BTC
BTC
87,454.13
-1.19%

$XRP

XRP
XRP
1.8775
-1.41%

$ETH

ETH
ETH
2,968.01
-1.31%