Peter Brandt’s 75% Bitcoin crash scenario ‘very unlikely’: Analyst
Crypto analysts say the current environment is entirely different from 2021, when Bitcoin experienced a 76% price drop over 12 months.
Crypto analysts are skeptical of veteran trader Peter Brandt’s recent speculation on X that Bitcoin could repeat its 2022 pattern and correct by 75%.
“Never say never; it just feels very unlikely at the moment,” Swyftx lead analyst Pav Hundal told Cointelegraph.
It comes after Brandt’s recent speculative post on X, questioning whether Bitcoin’s (BTC) price action will mirror the severe decline in 2022.
