One character is decades of experience in trading. The other is a person with the highest IQ in the world, verified based on standardized tests. What are their Bitcoin forecasts, which they independently published in the second week of December?
Interestingly – their Bitcoin forecasts are in contradiction with each other. These two opposing perspectives highlight how even individuals with exceptional experience or intelligence can interpret the market differently.
Peter Brandt – Bitcoin is in a retest phase before returning to a downtrend
Peter Brandt, a legendary trader with decades of experience in commodity and stock markets, warns of a grim scenario for Bitcoin.
In his latest analysis, he argues that BTC is testing the expanding peak pattern again. This formation includes rising peaks and falling troughs, which often signals a weakening bullish trend. Brandt predicts:
This week's rally may be all we test regarding the expanding peak of Bitcoin. Of course, we will see.
Brandt has repeatedly warned of a dead cat bounce scenario for Bitcoin. His markings on the chart suggest that BTC may rise to 102,000 USD before a possible drop to 58,840 USD in the near term.
His perspective is reminiscent of past events. The market does not reward naivety, and classic technical models remain reliable guides in the face of ongoing volatility.
Younghoon Kim – the end of manipulation, and BTC is ready for new ATH
On the other hand, YoungHoon Kim – a man with a documented highest IQ in the world of 276 – views the situation through the lens of game theory.
In his latest forecast, Kim claims that the current drop is a temporary manipulation by whales, which may disappear within a week. Then Bitcoin could aim for a new all-time high (ATH).
Bull Theory, an X account focused on cryptocurrency analysis, provides evidence supporting Kim's thesis.
The recent price action shows that Bitcoin fell to 87,700 USD and then quickly rebounded to 91,200 USD. This quick dump-and-pump sequence, completed within four hours, reflects typical weekend manipulation with low liquidity. It likely aimed to clear both long and short positions with leverage.
Bitcoin forecasts – we will find out soon
There is a huge gap between these two perspectives. One has been shaped by decades of mastery in technical patterns, while the other is based on reasoning about cryptocurrency market behavior. Perhaps we won’t have to wait long for the answer, and everything will become clear during the second week of December.
These Bitcoin forecasts emerge as the FOMC meeting approaches. Historical data shows a pattern during the last two rate cuts (September 17 and October 29):
Bitcoin typically rises a few days before the announcement,
It bounces back slightly after the decision,
And then it drops sharply.
The market may soon reveal which perspective will prove true.
To check out the latest cryptocurrency market analysis from BeInCrypto, click here.
