Bitcoin's Parabolic Arc Snaps: Trader Peter Brandt Eyes $25K Crash Floor

Veteran trader Peter Brandt warns that bitcoin's growth parabola has fractured, potentially leading to a price drop to $25,000. What to know : Veteran trader Peter Brandt warns that bitcoin's growth parabola has fractured, potentially leading to a price drop to $25,000. Bitcoin's bull cycles have historically seen diminishing returns, with significant pullbacks following record highs. The current cycle saw prices double to $126,000 before pulling back to under $90,000, breaking the parabolic trend.(Coindesk)