Peter Brandt: If the historical highs cannot be reached, the price of Bitcoin may drop by 75%

ChainCatcher news, according to Bitcoin.com, renowned trader and chart analyst Peter Brandt has warned Bitcoin investors that market trends indicate potential downside risks.

He pointed out that Bitcoin has not reached a new high for 30 consecutive weeks, and historically, similar situations have often led to price declines of over 75%. Brandt remains optimistic, predicting that by August or September 2025, the price of Bitcoin will reach $135,000, but he also warns that if Bitcoin falls below $48,000, his analysis will become invalid, and the market will need to be reassessed.

Brandt also emphasized that Bitcoin's upward momentum often occurs in the latter half of the four-year halving cycle.