Bitcoin Price Prediction: Peter Brandt Warns of Potential Crash to $25K as Parabolic Trend Breaks

Veteran trader Peter Brandt has issued a stark warning for Bitcoin (BTC), suggesting the cryptocurrency could be headed for a significant correction. Brandt's analysis points to a break in Bitcoin's long-standing parabolic advance, a technical pattern that had previously signaled aggressive bullish momentum. According to the analyst, this breakdown could see BTC price plummet to a "crash floor" around the $25,000 mark. The announcement has stirred considerable discussion within the crypto trading community, highlighting growing concerns over market stability. Brandt, known for his decades of experience in chart analysis, emphasized the critical nature of this technical failure. While not a certainty, this forecast presents a cautious outlook for Bitcoin investors, urging them to consider potential downside risks in the current market cycle.