The veteran trader who accurately forecasted Bitcoin’s 2018 meltdown is issuing a fresh warning to crypto investors. Peter Brandt says that after falling out ofThe veteran trader who accurately forecasted Bitcoin’s 2018 meltdown is issuing a fresh warning to crypto investors. Peter Brandt says that after falling out of
Trader Who Nailed Epic Bitcoin 2018 Collapse Says BTC Must Surpass This Level – Or Else
The veteran trader who accurately forecasted Bitcoin’s 2018 meltdown is issuing a fresh warning to crypto investors.
Peter Brandt says that after falling out of a bearish downward-sloping channel to around $87,000, BTC bulls have a lot of work to do.
“Yet another sell signal in Bitcoin as a bear channel has been completed. Remember that charts can always morph.”
Source: Peter Brandt/X
At this point, Brand says Bitcoin’s price needs to reclaim $93,000 to pave the way for a possible reversal to the upside.
As for his downside target, Brandt recently said he believes BTC will ultimately drop to $58,000 to $62,000.
Follow us on X, Facebook and TelegramDon't Miss a Beat – Subscribe to get email alerts delivered directly to your inbox
Check Price Action
Surf The Daily Hodl Mix
Disclaimer: Opinions expressed at The Daily Hodl are not investment advice. Investors should do their due diligence before making any high-risk investments in Bitcoin, cryptocurrency or digital assets. Please be advised that your transfers and trades are at your own risk, and any losses you may incur are your responsibility. The Daily Hodl does not recommend the buying or selling of any cryptocurrencies or digital assets, nor is The Daily Hodl an investment advisor. Please note that The Daily Hodl participates in affiliate marketing.
Featured Image: Shutterstock/prodigital art
The post Trader Who Nailed Epic Bitcoin 2018 Collapse Says BTC Must Surpass This Level – Or Else appeared first on The Daily Hodl.
Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact [email protected] for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.
You May Also Like
Nubank plans stablecoin integration for credit card transactions
Nubank Vice-Chairman Roberto Campos Neto said the bank will test stablecoin credit card payments, as adoption of stablecoins accelerates across Latin America. Nubank, Latin America’s largest digital bank, is reportedly planning to integrate dollar-pegged stablecoins and credit cards for payments.The move was disclosed by the bank’s vice-chairman and former governor of Brazil’s central bank, Roberto Campos Neto. Speaking at the Meridian 2025 event on Wednesday, he highlighted the importance of blockchain technology in connecting digital assets with the traditional banking system. According to local media reports, Campos Neto said Nubank intends to begin testing stablecoin payments with its credit cards as part of a broader effort to link digital assets with banking services.Read more
Share
Coinstats2025/09/19 06:49
Republic Europe Plans Indirect Stake in Kraken Pre-IPO
Republic Europe offers indirect Kraken stake as exchange moves toward IPO.
Share
bitcoininfonews2026/01/30 07:32
Who is the 12 year old crypto millionaire?
Viral headlines about young crypto millionaires travel fast, but the details behind those claims matter a lot. This article examines the primary reporting behind
Share
Coinstats2026/01/30 06:58